Block ($SQ) co-founder Jack Dorsey no longer the tech firm’s CEO, changes title to Block Head : stocks


https://www.cnbc.com/2022/04/22/jack-dorseys-new-title-block-head.html

Jack Dorsey is no longer the CEO of Block.

In a filing with the SEC on Friday, the company formerly known as Square said Dorsey has changed his title to Block Head. Block updated its bylaws to reflect Dorsey’s new role, removing the requirement for the company to have an officer holding the titles of CEO and president.

It’s yet another way that Dorsey is intersecting with Tesla’s Elon Musk, who is trying to buy Twitter, the other company that Dorsey co-founded and used to run. Last year, Musk took on the title of “Technoking of Tesla,” although he still continues as CEO. Musk later said his position as CEO was “a made-up title.”

Dorsey has made similar comments at least as far back as 2012, when he tweeted, “Titles, like ‘CEO’, get in the way of doing the right thing. Respect to the people who ignore titles, and fight like hell for what is right.”



Source link

Related articles

Optimism Releases Required Op Batcher V1 17 0 Improve

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure TL;DR Optimism has launched op-batcher v1.17.0. The undertaking labels it a required improve for batcher operators. It provides Glamsterdam compatibility, safety updates and...

Why Is Ethereum Up In the present day? ETH Hits Highest Value Since January as $2,757 Comes Into View

Ethereum is up once more at this time (Saturday), extending Friday's rally to its highest value since January. Ether traded at $2,646 on Bitstamp at 17:56 UTC, up 1.3% on the day and...

Flock reportedly tries to shrink workforce with worker buyouts

Embattled surveillance know-how firm Flock Security unveiled a “beneficiant” severance package deal for voluntary worker departures on Friday, in keeping with a report in Wired. Flock reportedly expects a good portion of its 1,500-person...

EU Cyber Resilience Act Brings 24-Hour Vulnerability Reporting Into Power

TL;DR Components of the EU Cyber Resilience Act’s vulnerability-reporting regime are actually relevant. Producers should concern early warnings for actively exploited vulnerabilities inside 24 hours. Industrial crypto wallets can fall throughout the broader class of merchandise...

Trump says he’ll appoint an AI czar and type an "AI Pressure", in a Reality Social put up that rejects AI security issues as...

María Paula Mijares Torres / Bloomberg: Trump says he'll appoint an AI czar and type an “AI Pressure”, in a Reality Social put up that rejects AI security issues as a “hoax”  — ...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com