Jack Dorsey, the Twitter co-founder and present Block CEO, is not the funds agency’s “chief govt officer.” As an alternative, the manager is selecting to name himself “Block Head and Chairperson.” It’s an unconventional title, positive, however it’s maybe becoming for the billionaire man, who’s not known for his selection of phrases.
A really actual regulatory submitting with the Securities and Alternate Fee displays how no, this play on the time period “blockhead” isn’t a joke. But like Elon Musk — who declared himself “Technoking” in March 2021 — the change could certainly be for the lolz.
“There shall be no adjustments in Mr. Dorsey’s roles and tasks, and he’ll proceed to function principal govt officer of the Firm,” the submitting reads. Brutally, the submitting additionally notes that the change was made “at his request.”