Square head of payments Mary Kay Bowman joins Visa


Yana Paskova | Bloomberg | Getty Images

Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015.

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

Bowman’s departure from Square comes just months after 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, replacing Friar. In an interview with CNBC, Dorsey said he wanted to showcase more of Square’s bench of executives.

Correction: Bowman was Square’s head of payments. A previous version of this story said she was head of product at Square.

Source link

Products You May Like

Articles You May Like

Fed policy decision in focus
Guess shares tumble on earnings shortfall as Levi Strauss IPO looms
Battery start-ups are raising millions in the battle to crush Tesla
In a search for fixed income, advisors look past mainstream bond funds
It’s not too late to get college aid

Leave a Reply

Your email address will not be published.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