Square Names Former Goldman Sachs CFO David Viniar to Board of Directors
SAN FRANCISCO, CA -- (Marketwired) -- 10/30/13 -- Square, the
company making commerce easy for everyone, has appointed David Viniar
to its Board of Directors, where he will also serve as Audit
Committee Chairman. Viniar was most recently Executive Vice President
and Chief Financial Officer of Goldman Sachs, and is currently a
member of its Board of Directors.
"David's extraordinary financial insight and expertise will add
another valuable perspective to our world-class board," said Jack
Dorsey, CEO of Square.
"The growing scope of Square's business and long-term vision is
inspiring," said Viniar. "I'm honored to join Square's Board at such
an important time in the company's growth."
After receiving a Masters in Business Administration from Harvard
Business School, Viniar joined Goldman Sachs in 1980, where he
amassed over 30 years of experience. He became the CFO in 1999 and
served in that capacity for over 13 years. He was also the head of
the Operations, Technology, Finance and Services Division. Viniar is
a former Trustee of Union College, where he received his Bachelor's
Viniar replaces Howard Schultz, who has stepped down from Square's
"Howard's guidance has helped Square grow as a company and as a
business," said Dorsey. "I have come to know Howard well, and I
always appreciate his thoughtfulness and good counsel."
"Jack has assembled a strong and forward-thinking leadership team at
Square," said Howard Schultz, Starbucks chairman, president and ceo.
"I am proud of what our companies have accomplished together this
past year and I'm excited about the opportunities for Starbucks and
Square to continue to innovate together."
Square's Board of Directors also includes Jack Dorsey, Roelof Botha,
Vinod Khosla, Jim McKelvey, Mary Meeker, and Larry Summers.
About Square, Inc.
Square is making commerce easy for everyone.
Whether a business needs to accept credit cards, manage a full point
of sale system, or sell online, Square offers simple and affordable
tools so businesses of all sizes can start, run, and grow. The
company began with a free credit card reader for the iPhone, iPad,
and Android devices, allowing businesses to accept credit cards
anywhere, anytime, for one low, transparent rate. Square now offers a
full suite of hardware and software tools including Square Register,
Square Market, Square Wallet, and Square Stand. Founded in 2009, and
headquartered in San Francisco, Square is currently available in the
United States, Canada, and Japan.
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