SQ2 2.47% $97.14 block inc.

CEO of Block's Square business Alyssa Henry to leave...

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

    Sept 18 (Reuters) - The CEO of Square, a unit of fintech company Block Inc (SQ.N), 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 (AMZN.O) and on the boards of Intel (INTC.O) and software firm Unity Technologies.

    Alyssa Henry is leaving Block and Jack is taking over as head of the Square side of the business. Alyssa Henry was a proven performer. Just adds to the negative sentiment around the stock. Betting on Block is a bet on Jack. Hopefully he can prove the market wrong.

 
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