Square chief financial officer steps down

Jamie McKane

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Square chief financial officer steps down

Square Inc. Chief Financial Officer Sarah Friar is leaving the electronic payments company to become chief executive officer of Nextdoor.com Inc., a social network for local neighborhoods. Square shares declined as much as 12 percent in extended trading.

David Viniar, Square’s lead independent director and a former Goldman Sachs Group Inc. CFO, will lead the search for Friar’s successor, the San Francisco-based company said Wednesday in a statement.

[Bloomberg]
 
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