Jack Dorsey, the Twitter cofounder and existing Block CEO, is no for a longer period the payments firm’s “chief executive officer.” Instead, the executive is deciding on to contact himself “Block Head and Chairperson.” It’s an unconventional title, confident, but it is perhaps fitting for the billionaire male, who is not identified for his alternative of phrases.
A extremely serious regulatory filing with the Securities and Trade Fee displays how no, this participate in on the term “blockhead” is not a joke. Still like Elon Musk—who declared himself “Technoking” in March 2021—the modify might in fact be for the lolz.
“There will be no variations in Mr. Dorsey’s roles and responsibilities, and he will proceed to provide as principal government officer of the Enterprise,” the submitting reads. Brutally, the filing also notes that the change was made “at his ask for.”