Don’t Call Him CEO: Jack Dorsey Says He’s ‘Block Head’ Now | Business News

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.

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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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