This article was published on May 23, 2013

Square downsizes its management team as execs handling partnerships and international business leave


Square downsizes its management team as execs handling partnerships and international business leave

Square has lost two executives in a move that sees their roles consolidated under a single individual. As reported by All Things D, and confirmed by the company, Vice President of Partnerships Alex Petrov and Vice President of International Alyssa Cutright have left the company, seeing their jobs move to Francoise Brougher, Square’s Business Lead.

What makes the management changes noteworthy is that Petrov hadn’t even stepped foot into Square’s office — he was one of the newest hires to help the mobile payment processing company establish partnerships with merchants and retailers.

In Cutright’s case, she was the one that was responsible for Square’s expansion into Canada, its first international country. Her departure actually happened in March, more than a month before Brougher started her role.

With the consolidation of power around Brougher, who oversees partnerships and international affairs, no word yet on whether the company’s third executive hire, former Deputy US Trade Representative Demetrios Marantis, will be affected.

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