Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
Effective as of April 20, 2022, Block, Inc. (the "Company") adopted certain
amendments to the Company's second amended and restated bylaws (the "Bylaws" and
as amended, the "Amended and Restated Bylaws") related to the change in Jack
Dorsey's title, as described below. In particular, the Amended and Restated
Bylaws removes the requirement to have an officer with the title of Chief
Executive Officer and President and generally provides that the principal
executive officer of the Company can also exercise any authority granted to the
Chief Executive Officer and President.
The descriptions of the Amended and Restated Bylaws contained in this Current
Report on Form 8-K are qualified in their entirety by reference to the complete
text of the Amended and Restated Bylaws, a copy of which is filed as Exhibit 3.1
hereto and is incorporated herein by reference.
Item 8.01 Other Events.
On April 20, 2022, at his request, Jack Dorsey's title changed from "Chief
Executive Officer, President and Chairperson" to "Block Head and Chairperson,"
effective immediately. There will be no changes in Mr. Dorsey's roles and
responsibilities, and he will continue to serve as principal executive officer
of the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
3.1 Amended and Restated Bylaws of Block, Inc.
104 Cover Page Interactive Data File, formatted in inline XBRL.
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