Square Names Darren Walker, President of the Ford Foundation, to Board of Directors
June 16 2020 - 4:05PM
Business Wire
Today Square, Inc. (NYSE: SQ) announced that Darren Walker,
President of the Ford Foundation, has joined its Board of
Directors.
“Social justice is synonymous with economic opportunity,” said
Mr. Walker. “I’ve spent my entire career developing new ways to
conduct philanthropy and address structural inequality. I can think
of no company that is better suited to continue building on this
mission than Square.”
“Darren’s life-long work around economic empowerment and social
justice is deeply aligned with Square’s purpose,” said Jack Dorsey,
CEO and Chairman of Square. “Over several months of discussing this
opportunity with Darren, it became obvious how much we would
benefit from his compassion and leadership experience. I’m thrilled
he agreed to join our board.”
Darren Walker is president of the Ford Foundation, an
international social justice philanthropy with an endowment of
approximately $13 billion as of December 31, 2019. He is a member
of Governor Cuomo’s Reimagining New York Commission and co-chair of
NYC Census 2020. He also chaired the philanthropy committee that
brought a resolution to the city of Detroit’s historic
bankruptcy.
Before joining Ford, Darren was vice president at Rockefeller
Foundation, overseeing global and domestic programs. In the 1990s,
he was COO of the Abyssinian Development Corporation, Harlem’s
largest community development organization.
Darren co-chairs New York City’s Mayoral Advisory Commission on
City Art, Monuments and Markers; has served on the Independent
Commission on New York City Criminal Justice and Incarceration
Reform and the UN International Labour Organization Global
Commission on the Future of Work. He co-founded both the U.S.
Impact Investing Alliance and the Presidents’ Council on Disability
Inclusion in Philanthropy. He serves on many boards, including
Lincoln Center for the Performing Arts, The National Gallery of
Art, Carnegie Hall, Friends of the High Line, the Committee to
Protect Journalists, and the Smithsonian National Museum of African
American History & Culture. He is a member of the Council on
Foreign Relations, the American Academy of Arts and Sciences and
the recipient of more than 15 honorary degrees and university
awards, including Harvard University’s W.E.B. Du Bois Medal.
Educated exclusively in public schools, Darren was a member of
the first Head Start class in 1965 and received B.A., B.S. and J.D.
degrees from the University of Texas at Austin. He has been
included on numerous leadership lists, including Time’s annual 100
Most Influential People, Rolling Stone’s 25 People Shaping the
Future, Fast Company’s Most Creative People in Business, Ebony
Magazine’s Power 100 and OUT Magazine’s Power 50.
Square’s Board of Directors also includes Jack Dorsey, Roelof
Botha, Amy Brooks, Paul Deighton, Randy Garutti, Jim McKelvey, Mary
Meeker, Anna Patterson, Larry Summers, and David Viniar.
About Square, Inc.
Square, Inc. (NYSE: SQ) revolutionized payments in 2009 with
Square Reader, making it possible for anyone to accept card
payments using a smartphone or tablet. Today, we build tools to
empower businesses and individuals to participate in the economy.
Sellers use Square to reach buyers online and in-person, manage
their business, and access financing. And individuals use Cash App
to spend, send, store, and invest money. Square has offices in the
United States, Canada, Japan, Australia, Ireland, and the UK.
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