Block Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Brian Grassadonia

Chief executive officer

US$12.0m

Total compensation

CEO salary percentage	4.6%
CEO tenure	no data
CEO ownership	0.06%
Management average tenure	5.3yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Grassadonia's remuneration changed compared to Block's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$12m	US$555k	US$10m
Sep 30 2023	n/a	n/a	-US$282m
Jun 30 2023	n/a	n/a	-US$268m
Mar 31 2023	n/a	n/a	-US$353m
Dec 31 2022	US$13m	US$519k	-US$541m
Sep 30 2022	n/a	n/a	-US$504m
Jun 30 2022	n/a	n/a	-US$489m
Mar 31 2022	n/a	n/a	-US$77m
Dec 31 2021	US$10m	US$494k	US$166m
Sep 30 2021	n/a	n/a	US$537m
Jun 30 2021	n/a	n/a	US$574m
Mar 31 2021	n/a	n/a	US$358m
Dec 31 2020	US$9m	US$469k	US$213m

Compensation vs Market: Brian's total compensation ($USD12.05M) is above average for companies of similar size in the Austrian market ($USD4.44M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.

CEO

Brian Grassadonia (40 yo)

no data

Tenure

US$12,048,150

Compensation

Mr. Brian Grassadonia serves as Chief Executive Officer of Cash App of Block, Inc. since February 2023 and had been its Cash App Lead until February 2023. He is a Cash App Lead at Square, Inc. since Januar...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jack Dorsey	Co-Founder	14.8yrs	US$3.00	7.86% $ 3.0b
James McKelvey	Co-Founder & Director	no data	US$289.72k	1.99% $ 770.0m
Amrita Ahuja	COO, CFO & Treasurer	5.3yrs	US$16.55m	0.013% $ 5.2m
Chrysty Esperanza	Chief Legal Officer & Corporate Secretary	1.3yrs	US$4.67m	0.0053% $ 2.0m
Brian Grassadonia	Chief Executive Officer of Cash App	no data	US$12.05m	0.061% $ 23.4m
Ajmere Dale	Chief Accounting Officer	7.8yrs	no data	0.0055% $ 2.1m
Jason Lee	Head of Investor Relations	no data	no data	no data
Jesse Dorogusker	Chief Executive Officer of Tidal Lead & Bitcoin Hardware Lead	no data	no data	no data
Mike Brock	Chief Executive Officer of TBD	no data	no data	no data

5.3yrs

Average Tenure

46yo

Average Age

Experienced Management: SQU's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jack Dorsey	Co-Founder	14.8yrs	US$3.00	7.86% $ 3.0b
James McKelvey	Co-Founder & Director	14.8yrs	US$289.72k	1.99% $ 770.0m
Sharon Rothstein	Independent Director	2.3yrs	US$294.96k	0.00012% $ 46.3k
Roelof Botha	Lead Independent Director	13.3yrs	US$374.62k	0.11% $ 43.8m
Paul Deighton	Independent Director	8yrs	US$314.96k	0.0057% $ 2.2m
Mary Meeker	Independent Director	12.9yrs	US$304.64k	0.066% $ 25.3m
Shawn Carter	Director	3yrs	US$289.72k	0.0062% $ 2.4m
Randall Garutti	Independent Director	6.8yrs	US$299.96k	0.0038% $ 1.5m
Amy Brooks	Independent Director	4.6yrs	US$292.22k	0.0021% $ 803.3k
Neha Narula	Independent Director	less than a year	US$236.13k	0.000070% $ 27.0k

7.4yrs

Average Tenure

52yo

Average Age

Experienced Board: SQU's board of directors are considered experienced (7.4 years average tenure).

Block Management

Management criteria checks 3/4

Key information

Recent management updates

Block, Inc., Annual General Meeting, Jun 18, 2024

Block, Inc. Announces the Resignation of Larry Summers as Member of the Board of Directors

Block, Inc. Elects Neha Narula as A New Director

Block, Inc. Announces Departure of Alyssa Henry, the Square Chief Executive Officer Effective October 2, 2023

Block, Inc. Appoints Neha Narula to its Board of Directors

Block, Inc. Announces the Resignation of Darren Walker as Member of the Board of Directors, Effective from August 1, 2023

Recent updates

Block, Inc., Annual General Meeting, Jun 18, 2024

Block, Inc. to Report Q1, 2024 Results on May 02, 2024

Bitkey Starts Shipping First Units of Its Hardware Device, Adds Security and Recovery Features

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: US$0.016 (vs US$0.93 loss in FY 2022)

Block, Inc. Announces the Resignation of Larry Summers as Member of the Board of Directors

Bitkey Launches Globally, Widening Access to True Financial Owned

Block, Inc. (NYSE:SQ) announces an Equity Buyback for $1,000 million worth of its shares.

Third quarter 2023 earnings released: US$0.047 loss per share (vs US$0.025 loss in 3Q 2022)

Block, Inc. Elects Neha Narula as A New Director

Square Announces 10 New Generative AI Features

Block, Inc. (NYSE:SQ) acquired RCRDCLUB Corporation.

Square Unveils over A Dozen New Features to Help Businesses Win This Holiday Season

Block, Inc. Announces Departure of Alyssa Henry, the Square Chief Executive Officer Effective October 2, 2023

Square Launches Square Go

New major risk - Share price stability

Block, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Second quarter 2023 earnings released: US$0.20 loss per share (vs US$0.36 loss in 2Q 2022)

Block, Inc. Appoints Neha Narula to its Board of Directors

Block, Inc. Announces the Resignation of Darren Walker as Member of the Board of Directors, Effective from August 1, 2023

Chief Executive Officer of Square Lead recently sold €257k worth of stock

COO, CFO & Treasurer recently sold €186k worth of stock

First quarter 2023 earnings released: US$0.028 loss per share (vs US$0.38 loss in 1Q 2022)

Block, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Chief Executive Officer of Cash App recently sold €265k worth of stock

Full year 2022 earnings released: US$0.93 loss per share (vs US$0.36 profit in FY 2021)

CFO & Treasurer recently sold €234k worth of stock

Johnson Fistel, LLP Files A Class Action Lawsuit on Behalf of Block, Inc. Investors - Alleging Violations of the Federal Securities Laws

Block, Inc. Announces Executive Changes, Effective February 16, 2023

Cash App Lead recently sold €211k worth of stock

Hagens Berman, National Trial Attorneys, Alerts Block, Inc. Investors to Upcoming Deadline in Securities Fraud Class Action, Encourages Investors with Significant Losses to Contact Firm’s Attorneys

CFO & Treasurer recently sold €228k worth of stock

Third quarter 2022 earnings released: US$0.025 loss per share (vs US$0 in 3Q 2021)

Block, Inc. to Report Q4, 2022 Results on Feb 23, 2023

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Block, Inc

Cash App Lead recently sold €277k worth of stock

Block, Inc. to Report Q3, 2022 Results on Nov 03, 2022

CFO & Treasurer recently sold €296k worth of stock

Second quarter 2022 earnings released: US$0.36 loss per share (vs US$0.45 profit in 2Q 2021)

Cash App Lead recently sold €308k worth of stock

Square Unveils Suite of New Integrated Restaurant Solutions to Help Increase Profitability and Improve Server and Customer Experience

CFO & Treasurer recently sold €357k worth of stock

Block, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Block, Inc. Elects Sharon Rothstein as New Director

David Viniar and Anna Patterson Informs Block, Inc. of Not Stand for Re-Election as Class I Members of its Board of Directors

Square Introduces the Next Generation of Square Stand

Cash App Lead recently sold €652k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Block, Inc. to Report Q1, 2022 Results on May 05, 2022

Block, Inc. Appoint Board of Directors

Square Announces On-Demand Delivery through Square Online for Canada’s Food & Beverage Industry

H&R Block Files Trademark Infringement Lawsuit Against Block, Inc

Square Launches Integrated, Omnichannel Solutions for Businesses in France

Second quarter 2021 earnings released: EPS US$0.45 (vs US$0.026 loss in 2Q 2020)

Square, Inc. (NYSE:SQ) acquired Speramus, Inc.

Square KDS Now Available as A Standalone Product Globally

Square Announces Three Powerful New Developer Tools At Unboxed 2021 Conference

First quarter 2021 earnings released: EPS US$0.086 (vs US$0.24 loss in 1Q 2020)

Square, Inc. announced that it has received $10.666807 million in funding

Square, Inc. Announces Board Changes

Square, Inc. (NYSE:SQ) entered into a definitive agreement to acquire majority stake in Tidal Music AS from Shawn “JAY-Z” Carter and others for approximately $300 million.

New 90-day low: €164

Full year 2020 earnings released: EPS US$0.48 (vs US$0.88 in FY 2019)

Revenue beats expectations

Square, Inc. to Report Q1, 2021 Results on May 06, 2021

New 90-day high: €217

New 90-day high: €198

Square Reportedy in Talks to Buy Jay-Z's Tidal

New 90-day high: €184