Alyssa Henry, CEO of Block’s Sq., Broadcasts Departure from Firm

In response to a regulatory submitting on Monday, Alyssa Henry, the CEO of Sq., a unit of fintech firm Block Inc, shall be leaving the corporate on Oct. 2. This comes after her nine-year tenure with the corporate. Following the announcement, Block Inc’s shares fell 2.7% to $49.86. Previous to her position at Sq., Henry served because the vice chairman at Amazon Internet Providers and sat on the boards of Intel and Unity Applied sciences, a software program agency. Block, led by CEO Jack Dorsey, focuses on service provider fee companies and presents an app for cryptocurrency buying and selling. Final month, the corporate reported elevated quarterly income, pushed by increased fee volumes.