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Yahoo executive Jacqueline Reses to join Square Inc: Bloomberg

Published 10/19/2015, 01:45 AM
Updated 10/19/2015, 01:49 AM
© Reuters. A Yahoo logo is pictured in front of a building in Rolle
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(Reuters) - Yahoo Inc's (O:YHOO) chief development officer, Jacqueline Reses, is leaving the company to join mobile payments company Square Inc, Bloomberg reported, citing people familiar with the matter.

Reses' role changed earlier this year when she shifted her focus to Yahoo's spinoff of its stake in Alibaba Group Holding Ltd (N:BABA), Bloomberg said. (http://bloom.bg/1RQU06e)

Reuters could not immediately reach representatives at Yahoo and Square for comment outside regular U.S. business hours.

Twitter (N:TWTR) named Jack Dorsey, who also heads Square Inc, as its chief executive earlier this month, ending months of speculation about who would take the top job at the microblogging service.

© Reuters. A Yahoo logo is pictured in front of a building in Rolle

Square Inc filed for its long-expected initial public offering last week in a test of Dorsey's ability to take the company public as he grapples with a turnaround at Twitter.

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