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Square’s CFO Sarah Friar is stepping down to become the CEO of Nextdoor, according to the payment company’s CEO, Jack Dorsey.
In a statement issued a bit ago, he says of Friar that she “steered us through an IPO and helped build a growing ecosystem of businesses that will scale into the future.” Friar “leaves us having established a culture of entrepreneurship and discipline across the entire company. She has been an amazing leader, partner, and friend, and we are grateful for all she’s done for Square.”
Nextdoor has since released its own statement about Friar, who will assume the position in December. Quoting the company’s co-founder and outgoing CEO Nirav Tolia, the statement reads: “Sarah is one of the
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