Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 9, 2018, the Board of Directors of Square, Inc. (the “Company”) appointed Timothy Murphy and Mohit Daswani as InterimCo-Chief Financial Officers and Treasurers effective as of November 16, 2018.
Mr. Murphy, age 46, has led our Treasury group since June 2015. From July 2008 to May 2015, Mr. Murphy served in various positions at Getty Images, Inc., an editorial and stock photography agency, including as Vice President, Treasurer. He holds an M.B.A. and B.A. from University of California, Davis.
Mr. Daswani, age 44, has served as our Finance & Strategy Lead since June 2017. From June 2013 to May 2017, he served in various positions at PayPal Holdings, Inc., a digital and mobile payments company, including as Senior Director, Finance and Corporate Development. He holds an M.B.A from Harvard Business School and a B.A. from Columbia University.
There are no family relationships between Mr. Murphy or Mr. Daswani and any director or officer of the Company, and they have no direct or indirect material interest in any transactions required to be disclosed pursuant to Item 404(a) of RegulationS-K.
The last day of our current Chief Financial Officer and Treasurer, Sarah Friar, will be November 16, 2018. Ms. Friar is leaving earlier than previously announced in order to spend time with her family before she starts her new position as Chief Executive Officer of Nextdoor.