Block (NYSE: XYZ) reshapes tech leadership as Prasanna shifts role

Rhea-AI Filing Summary

Block, Inc. reported leadership changes in its technology organization. Dhanji R. Prasanna, previously the company’s Engineering + Technology Lead, is moving into a new role as Technology Lead, focusing on Block’s technology strategy and frontier technologies. He will remain part of the company’s leadership team but will no longer serve as an executive officer. Arnaud Weber, who currently leads the Cash Engineering team, will take over leadership of the overall engineering organization and operations as Engineering Lead, subject to required regulatory approvals.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 18, 2025

Block, Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-37622		80-0429876
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1955 Broadway, Suite 600

Oakland, CA 94612¹

(Address of principal executive offices, including zip code)

(415) 375-3176

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, $0.0000001 par value per share		XYZ		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act

¹  We have adopted a distributed work model and, therefore, have no formal headquarters. This address represents our “principal executive office,” which we are required to identify under Securities and Exchange Commission rules.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 21, 2025, Block, Inc. (the “Company”) announced that Dhanji R. Prasanna, currently the Company’s Engineering + Technology Lead, is shifting into a new role. Mr. Prasanna continues to be a member of the Company’s leadership team and will serve as Technology Lead with a focus on the Company’s technology strategy and frontier technologies, but will no longer be an executive officer of the Company. Arnaud Weber, who currently leads the Cash Engineering team, will succeed Mr. Prasanna and will lead the engineering organization and operations as Engineering Lead, subject to receipt of the required regulatory approvals.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				BLOCK, INC.
Date: August 21, 2025				By:		/s/ Chrysty Esperanza
						Chrysty Esperanza Chief Legal Officer and Corporate Secretary

FAQ

What executive leadership change did Block, Inc. (XYZ) disclose?

Block, Inc. disclosed that Dhanji R. Prasanna, its Engineering + Technology Lead, is shifting roles. He will become Technology Lead focused on technology strategy and frontier technologies and will no longer be an executive officer.

Will Dhanji R. Prasanna remain in a leadership role at Block, Inc. (XYZ)?

Yes. Dhanji R. Prasanna will remain on Block, Inc.’s leadership team as Technology Lead, with an emphasis on the company’s technology strategy and frontier technologies, but he will no longer be an executive officer.

Who will lead engineering at Block, Inc. (XYZ) after this change?

Arnaud Weber, who currently leads the Cash Engineering team, will become Engineering Lead for Block, Inc., overseeing the engineering organization and operations, subject to required regulatory approvals.

Is the new Engineering Lead role at Block, Inc. (XYZ) subject to approvals?

Yes. The appointment of Arnaud Weber as Engineering Lead is subject to receipt of the required regulatory approvals.

Does this change affect Block, Inc. (XYZ)’s executive officer group?

Yes. After the change, Dhanji R. Prasanna will no longer be an executive officer of Block, Inc., although he will continue as Technology Lead on the leadership team.