Jack Dorsey is the co-founder and CEO of Block, Inc., previously known as Square. Born on November 19, 1976, he has a background in technology and has been leading Block since it was established in 2009. Under his leadership, the...

Jack Dorsey is the co-founder and CEO of Block, Inc., previously known as Square. Born on November 19, 1976, he has a background in technology and has been leading Block since it was established in 2009. Under his leadership, the company focused on economic empowerment by providing tools for sellers and individuals to manage their finances. Notably, Dorsey receives an annual salary of just $2.75, and he opted out of additional bonuses or stock options in 2023, showing a unique approach to executive compensation. He also actively engages in insider trading, with his wealth tied closely to his stakes in Block; for instance, in December 2020, his holdings were valued at around $3.36 billion, though it fluctuated significantly over the years. Dorsey's commitment to sustainability and social impact is evident in Block's initiatives, aiming to make financial services accessible to everyone. Moreover, his dual role as CEO of Square and Twitter at one point raised questions about leadership focus and effectiveness, which he managed by balancing his time between both companies.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Block CEOs

B

Jack Dorsey

Founder and CEO of Block

Education

Not specified

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Technology

Born

November 19, 1976 - 48 years ago

CEO of Block for

2 years 0 months (Oct 2023 - Present)

Previous Experience

Co-founder of Twitter, former CEO of Square, Inc.

Rivals

Competitors/colleagues of Jack Dorsey

R

Anthony Wood

Founder and CEO of Roku, Inc.

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$0.00

Other

$18.83K

Total Holdings

$22.16M

R

Vladimir Tenev

Founder and CEO of Robinhood Markets, Inc.

2023 Compensation

Stock

$2.39M

Salary

$34.25K

Bonus

$0.00

Other

$2.40M

Total Holdings

$25.08M

Z

Eric Yuan

Founder and CEO of Zoom Video Communications, Inc.

2023 Compensation

Stock

$995.19K

Salary

$10.00K

Bonus

$721.00

Other

$1.83M

Total Holdings

$1.13M

Holdings

See how much did Jack Dorsey make over time.

Jack Dorsey’s insider trading shows significant fluctuations in his wealth tied to Block, Inc. His holdings peaked at approximately $3.36 billion in December 2020, but since then, values have dropped, reaching about $683.75 million in September 2023. The highest recorded...

Jack Dorsey’s insider trading shows significant fluctuations in his wealth tied to Block, Inc. His holdings peaked at approximately $3.36 billion in December 2020, but since then, values have dropped, reaching about $683.75 million in September 2023. The highest recorded value was nearly $3.72 billion in February 2021, highlighting the volatile nature of his investments. His financial trajectory indicates that the majority of his wealth is closely linked to his ownership in Block, showcasing a long-term commitment to the company amid market changes.

No data yet.

Total Stock Sold

$985.79M

XYZ

$985.79M

12,302,778 XYZ shares

What if they kept their stock?

If Jack Dorsey didn't sell their stock, today they would have:
Extra XYZ12,302,778 shares worth $1.10B.
This is 11.7% and $115.31M more than what they got when they sold the stock.

Charitable Transactions

XYZ

11,627,277 shares

XYZ

Recent Charitable Transactions

XYZ

4,494,435 shares

XYZ

Aug 20, 2020

Charity

XYZ

6,516,782 shares

XYZ

Apr 20, 2020

Charity

XYZ

320,000 shares

XYZ

Dec 19, 2018

Charity

XYZ

2,500 shares

XYZ

Jan 22, 2018

Charity

XYZ

286,000 shares

XYZ

Nov 13, 2017

Charity

XYZ

360 shares

XYZ

Oct 18, 2017

Charity

Insider Trading

See recent insider trades of Jack Dorsey.

XYZ

$20.23M

XYZ at $202.26/share

May 17, 2021

Sale

XYZ

$22.60M

XYZ at $226.00/share

May 10, 2021

Sale

XYZ

$24.59M

XYZ at $245.88/share

May 3, 2021

Sale

XYZ

$24.94M

XYZ at $249.42/share

Apr 26, 2021

Sale

XYZ

$25.01M

XYZ at $250.12/share

Apr 19, 2021

Sale

XYZ

$25.96M

XYZ at $259.55/share

Apr 12, 2021

Sale

XYZ

$22.98M

XYZ at $229.76/share

Apr 5, 2021

Sale

XYZ

$21.05M

XYZ at $210.48/share

Mar 29, 2021

Sale

XYZ

$22.48M

XYZ at $224.82/share

Mar 22, 2021

Sale

XYZ

$24.28M

XYZ at $242.82/share

Mar 15, 2021

Sale

Compensation History

See how much did Jack Dorsey make over time.

In 2023, Jack Dorsey earned a total compensation of just $2.75, which is a Base salary with no bonuses or stock options. This decision reflects his unconventional approach to leadership and executive pay. Dorsey has opted out of cash-based incentives and equity awards, emphasizing alignment with long-term stockholder interests over immediate financial gain. The company’s compensation philosophy stresses attracting and retaining high-performing talent while maintaining fair and equitable pay structures. Dorsey's commitment to sustainability and social responsibility also extends to how he views compensation, valuing impact and innovation over high financial returns often expected at the CEO level.

Year

2023

Total Compensation

$2.75

Salary

$2.75

Board Justification

The compensation philosophy emphasizes alignment with long-term stockholder interests, focusing on equity-based compensation and retaining high-performing talent.

Bonus

$0.00

Board Justification

No cash-based incentive compensation opportunities were provided in 2023.

Other

$0.00

Board Justification

Mr. Dorsey participates in company-wide benefit programs on the same basis as other salaried employees.

Restricted Stock

$0.00(0 N/A)

Board Justification

No equity awards were granted to Mr. Dorsey in 2023 at his request.

Performance Metrics

No specific performance metrics were used to determine Mr. Dorsey's compensation in 2023.

Other Block CEOs

Here are other CEOs of Block

Alyssa Henry

Ex-CEO of Block

January 2021 - October 2023