Insiders

Square CEO Alyssa Henry to Step Down, Be Succeeded by Jack Dorsey

September 18, 2023 at 05:02 pm EDT

By Ben Glickman

Square Chief Executive Alyssa Henry will depart from the company effective Oct. 2.

Square, a segment of Block, will be helmed by the company's CEO and founder Jack Dorsey.

The payments platform said in a regulatory filing that Henry would depart after nine years at Block. Henry has "provided significant contributions to the company during that time," Block said in the filing.

Henry has served as CEO of Square since February, according to her LinkedIn profile. She previously was executive vice president and general manager of Square's seller business unit and EVP of Square's infrastructure.

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

09-18-23 1701ET

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Jack Dorsey

Jack Dorsey is Twitter’s co founder. In 2010, Twitter had more than 105 million users who “tweet” about 55 million times a day.

Until fourteen years old, Jack Dorsey, grew up in Saint Louis, Missouri. He had studied science and Technology at University of Missouri and then joined University of New York.

In 2000, he founded a service which allows to send messages from the Web in order to find quickly a taxi. The idea of communicating in a real time comes from AOL instant messenger.

He meets Odeo’s founders, Noah Glass and Evan Williams. Noah Glass markets AudioBlogger, an application allowing to publish audio files on a blog via telephone. Evan Williams is known as co-founder of Pyra Labs, which in origin was a platform of blogs, taken over by Google in 2003.

Together they create a Twitter’s prototype. The idea is allowing users to say what they are doing via SMS. Open to public on July 13 2006, the first version is called stat.us and then twitter.

Until October 16 2008, Jack Dorsey is a CEO. Then he became chairman of the board, and Evan Williams succeeded him.

With its ease of use, Twitter becomes rapidly very popular. In 2007, Twitter won South by Southwest Web awards for blogs.

In May 2009, Dorsey announced his new project, Square, originally the name was Squirrel. This is a start-up which allows people to receive payments by credit card through a small device installed on their mobile phone.

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