Finance

Mary Kay Bowman, head of payments at Square is going to Visa to be new head of seller solutions, reporting to Chief Product Officer Jack Forestell.

Visa announced the hire in a blog post Friday.

Square’s shares went slightly negative, about 1 percent, after the announcement.

Bowman’s departure from Square comes just months after CEO Jack Dorsey lost key deputy and CFO Sarah Friar, regarded by Wall Street as a “rockstar CFO.”

Bowman was a big hire for Square in 2015. She came from Amazon, where she spent more than a decade on the tech giant’s payments team.

Square may be losing key executives but it’s also hiring new ones.

Last week, Square tapped Amrita Ahuja as its new CFO, succeeding Friar. In an interview with CNBC, Dorsey said he wanted to showcase more of Square’s bench of executives.

Correction: Mary Kay Bowman was Square’s head of payments. A previous version misstated her title.

Products You May Like

Articles You May Like

Cramer’s lightning round: The defense stocks are no longer growth plays
GM says 2018 earnings exceeded expectations and 2019 looks even better
Nissan’s ousted chairman Carlos Ghosn was reportedly paid $8 million last year by a Dutch entity
Kohl’s shares tumble on weak holiday sales
Sherwin-Williams shares tank on profit warning in a sign that consumer could be weakening

Leave a Reply

Your email address will not be published. Required fields are marked *