Jack Dorsey is Block's co-founder and has served as the company's principal executive officer and as a member of its board of directors since July 2009, having previously served as Chief Executive Officer and President from July 2009 until his title changed to Block Head as of April 2022. He has also served as Chairperson of the board of directors since October 2010. For 2023 and a portion of 2024, Mr. Dorsey also served as Block's Square Head. At his request, he receives no cash or equity compensation except for an annual salary of $2.75.
From May 2007 to October 2008, Mr. Dorsey served as President and Chief Executive Officer of Twitter, Inc. He returned to serve as Chief Executive Officer of Twitter from July 2015 until November 2021, and served on the Twitter board of directors from May 2007 to May 2022.
Mr. Dorsey was selected to serve on Block's board of directors because of the perspective and experience he provides as one of the company's founders and its Block Head, as well as his extensive experience with technology companies and innovation.