SAN FRANCISCO (AP) — Technological innovation entrepreneur and previous Twitter CEO Jack Dorsey has a new title: Block Head.
A regulatory disclosure Friday from electronic payments enterprise Block Inc. claims that its co-founder Dorsey is changing his part from Block’s CEO, president and chairperson to “Block Head and Chairperson,” helpful quickly.
It’s a semantic modify only and there “will be no alterations in Mr. Dorsey’s roles and obligations,” the filing claimed.
Dorsey co-established the payments company as Square in 2009. It was renamed Block in December to reflect its development to encompass the Tidal audio streaming service, Cash Application and TBD54566975, a monetary products and services platform principally targeted on Bitcoin.
Dorsey also co-established Twitter and was its CEO right up until stepping down in November. Twitter has stated he will continue being on its board until finally May perhaps.
Dorsey’s title modify resembles a Tesla submitting very last 12 months in which CEO Elon Musk included “Technoking of Tesla” to his official position at the electric automobile maker. The two know each other — Musk is now providing to invest in Twitter for much more than $43 billion.
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