Changing Square Inc.’s name to Block Inc. was apparently just a first move for Jack Dorsey. Block (SQ) disclosed to the Securities and Exchange Commission on Friday afternoon that Dorsey decided to change his title at the financial-technology company from chief executive, president and chairperson to “Block Head and Chairperson.” While he will no longer be labeled the CEO and president, there will be no change in his actual duties, the company told the SEC in a filing that noted bylaws had to be changed to allow for the lack of an official CEO. Read More...
Changing Square Inc.’s name to Block Inc. was apparently just a first move for Jack Dorsey. Block (SQ) disclosed to the Securities and Exchange Commission on Friday afternoon that Dorsey decided to change his title at the financial-technology company from chief executive, president and chairperson to “Block Head and Chairperson.” While he will no longer be labeled the CEO and president, there will be no change in his actual duties, the company told the SEC in a filing that noted bylaws had to be changed to allow for the lack of an official CEO.
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