CEO of Block’s Square business Alyssa Henry to leave company

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Block logo displayed on a phone screen and Block website displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland.

Jakub Porzycki | Nurphoto | Getty Images

The CEO of Square, a unit of fintech company Block, will leave the company, according to a regulatory filing on Monday.

Alyssa Henry will leave on Oct. 2 after more than nine years with the company, the filing said.

Block Inc’s shares were down 2.7% at $49.86 after the bell.

Henry was previously vice president at Amazon Web Services and on the boards of Intel and software firm Unity Technologies.

Jack Dorsey-led Block, which offers merchant payment services and an app that lets people trade cryptocurrency reported a rise in quarterly revenue helped by higher payment volumes last month.

Sumber: www.cnbc.com

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