Square Adds Ford Foundation President Darren Walker to Board
Walker, who is Black, becomes Square’s only non-White director.
(Bloomberg) -- Square Inc. named Ford Foundation President Darren Walker to its board, adding an executive who runs one of the largest U.S. philanthropic organizations.
“Darren’s life-long work around economic empowerment and social justice is deeply aligned with Square’s purpose,” Jack Dorsey, the payments company’s chief executive officer, said Tuesday in a statement.
Social justice, race and diversity are at the center of a national discussion, though Dorsey said he’s been talking with Walker about a board seat for “months.”
Walker, who is Black, becomes Square’s only non-White director. The company has had other Black board members in the past -- Ruth Simmons, former president of Brown University, was on Square’s board for almost five years before departing earlier this year, and basketball star-turned-businessman Magic Johnson served as a director for a brief stint beginning in 2015.
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