Square chief financial officer steps down

Jamie McKane

MyBroadband Journalist
Mar 2, 2016
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.