UK markets closed

Block, Inc. (0L95.IL)

IOB - IOB Delayed price. Currency in USD
Add to watchlist
69.98+1.12 (+1.63%)
At close: 07:44AM BST

Block, Inc.

1455 Market Street
Suite 600
San Francisco, CA 94103
United States
415 375 3176
https://www.block.xyz

Sector(s)Technology
IndustrySoftware - Infrastructure
Full-time employees12,428

Key executives

NameTitlePayExercisedYear born
Mr. Jack DorseyCo-Founder, Block Head, Chairman & Pres and Square Head3N/A1977
Mr. James Morgan McKelvey Jr.Co-Founder & DirectorN/AN/A1965
Ms. Amrita AhujaCOO, CFO & Treasurer523.75k249.84k1980
Mr. Brian GrassadoniaChief Exec. Officer of Cash App523.75k12.13M1984
Mr. Ajmere DaleChief Accounting OfficerN/AN/A1970
Mr. Jason LeeHead of Investor RelationsN/AN/AN/A
Ms. Chrysty EsperanzaChief Legal OfficerN/AN/AN/A
Mr. Jesse DoroguskerChief Exec. Officer of Tidal Lead & Bitcoin Hardware LeadN/AN/AN/A
Mr. Mike BrockChief Exec. Officer of TBDN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. The company provides hardware products, including Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Reader for contactless and chip that accepts EMV chip cards and NFC payments, enabling acceptance through Apple Pay, Google Pay, and other mobile wallets; and Square Reader for magstripe, which enables swiped transactions of magnetic-stripe cards by connecting with an iOS or Android smartphone or tablet through the headphone jack or Lightning connector. It also offers various commerce products, including Square for Restaurants; Square Appointments; Square for Retail; Square Point of Sale; Square Online; Square Online Checkout; Square Invoices; Square Virtual Terminal; Risk Manager; Order Manager; Payment application programming interfaces (APIs); and Commerce APIs. In addition, the company provides Cash App, an ecosystem of financial products and services that enables customers to store, send, receive, spend, or invest their money. It serves in the United States, Canada, Japan, Australia, New Zealand, the United Kingdom, Ireland, France, and Spain. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.

Corporate governance

Block, Inc.’s ISS governance QualityScore as of 1 October 2023 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.