Square loses head of payments to Visa [CNBC]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: CNBC
Square loses head of payments to Visa Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Mary Kay Bowman, head of payments at Visa Visa announced the hire in a blog post Square shares went slightly negative, about 1 percent, after the announcement. Bowman's departure from Square comes just months after Dorsey lost key deputy and CFO Sarah Friar, regarded by Wall Street as a "rockstar CFO." Bowman was a big hire for Square in 2015. She came from Amazon, where she spent more than a decade on the tech giant's payments team. Square may be losing key executives but it's also hiring new ones. Last week Correction: Bowman was Square's head of payments. A previous version of this story said she was head of product at Square.
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