https://www.cnbc.com/2022/04/22/jack-dorseys-new-title-block-head.html
Jack Dorsey is now not the CEO of Block.
In a submitting with the SEC on Friday, the corporate previously referred to as Sq. mentioned Dorsey has modified his title to Block Head. Block up to date its bylaws to mirror Dorsey’s new function, eradicating the requirement for the corporate to have an officer holding the titles of CEO and president.
It’s one more means that Dorsey is intersecting with Tesla’s Elon Musk, who’s making an attempt to purchase Twitter, the opposite firm that Dorsey co-founded and used to run. Final 12 months, Musk took on the title of “Technoking of Tesla,” though he nonetheless continues as CEO. Musk later mentioned his place as CEO was “a made-up title.”
Dorsey has made comparable feedback at the least way back to 2012, when he tweeted, “Titles, like ‘CEO’, get in the way in which of doing the suitable factor. Respect to the individuals who ignore titles, and struggle like hell for what is true.”
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