Management ChangeMay 4, 2026, 04:33 PM
Block Appoints Andrea Acosta as Chief Accounting Officer
AI Summary
Block, Inc. announced the appointment of Andrea Acosta as its Chief Accounting Officer, effective May 26, 2026. Ms. Acosta will take over from Amrita Ahuja, who served as interim principal accounting officer and will continue as CFO and COO. Ms. Acosta brings extensive experience from Pinterest, BioMarin Pharmaceutical, and Levi Strauss & Co. Her compensation package includes an annual base salary of $550,000, a $250,000 sign-on bonus, and an $8.0 million restricted stock unit award.
Key Highlights
- Block appointed Andrea Acosta as Chief Accounting Officer, effective May 26, 2026.
- Ms. Acosta previously served as Chief Accounting Officer at Pinterest, Inc. since February 2022.
- She will receive an annual base salary of $550,000.
- A one-time sign-on cash bonus of $250,000 is included, subject to a two-year clawback.
- She will be granted an $8.0 million restricted stock unit award, vesting over four years.
- Amrita Ahuja will continue as Chief Financial Officer and Chief Operating Officer.
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