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Square finds its Sarah Friar replacement with new CFO Amrita Ahuja

Founder and president of the united states Jack Dorsey says Square has poached Amrita Ahuja from Blizzard Entertainment, a department of the gaming corporation Activision Blizzard, to lead investment at the broker service and mobile fees company.

Ahuja will join Square later this month, about three months after long-time Square main financial officer Sarah Friar exited the company in favor of a CEO possibility at Nextdoor, a neighborhood social networking website. Friar, often described as Dorsey’s right-hand woman, affiliated Square in 2012 and preceded the startup through an initial public offering that valued the company at about$ 3 billion.

Prior to an eight-year period at Blizzard, Ahuja clocked in a few years at Fox Networks Group, the Walt Disney Company and Morgan Stanley, where she was an adviser in the speculation bank division.

“In Amrita, we have found an amazing, multidimensional business leader, ” Dorsey said in a statement. “Amrita delivers the ability to consider and counterbalance possibilities across our part business, and she will help strengthen our train as we expend, build, and scale .”

Shares of Square[ NYSE: SQ] ceased more than 8 percent on Thursday.

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About the author, Gregg Kell

Entrepreneur, Business Success Partner and Shaping The Future Podcast Host.

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