FinanceTrends

Square loses another key executive as Mary Kay Bowman joins Visa

Square’s management continues to shuffle. One week after the merchant services and mobile payments company tapped Amrita Ahuja to lead finance, replacing long-time executive Sarah Friar who landed the chief executive role at Nextdoor, the company’s head of payments, Mary Kay Bowman, has joined Visa as its head of seller solutions.

The company will promote someone internally to fill the position, according to a source familiar with the matter.
Bowman joined Square in 2015 after more than a decade at Amazon, most recently as the e-commerce giant’s director of global payments. In her new role, Visa says Bowman will lead the credit card company’s “strategy for acceptance products and solutions, driving the design, development and delivery of new services and solutions that will transform the payment experience for both sellers and consumers.”
“This is a critical role, as the point of sale is undergoing dramatic change as it shifts from traditional payment acceptance to digital, cross-channel payment experiences,” Visa wrote in a company announcement released Friday morning.
Source: TechCrunch

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