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Founder and president Jack Dorsey states Square has actually poached Amrita Ahuja from Blizzard Entertainment, a department of the video gaming business Activision Blizzard, to lead financing at the merchant services and mobile payments business.
Ahuja will sign up with Square later on this month, about 3 months after veteran Square chief monetary officer Sarah Friar left the business in favor of a CEO chance at Nextdoor, a area social networking website. Friar, frequently referred to as Dorsey’’ s right-hand lady, signed up with Square in 2012 and led the start-up through an going public that valued the business at about $3 billion.
Prior to an eight-year stint at Blizzard, Ahuja clocked in a couple of years at Fox Networks Group, the Walt Disney Company and Morgan Stanley, where she was an expert in the financial investment banking department.
““ In Amrita, we have actually discovered an incredible, multidimensional magnate,” ” Dorsey stated in a declaration. ““ Amrita brings the capability to think about and stabilize chances throughout our whole service, and she will assist reinforce our discipline as we invest, develop, and scale.”
Shares of Square [NYSE: SQ] dropped more than 8 percent on Thursday.
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