XYZ · Block, Inc.

The appointment of Andrea Acosta as Chief Accounting Officer reflects Block’s reinforcement of its financial control infrastructure amid scaling operations and regulatory scrutiny. As principal accounting officer, Acosta assumes direct responsibility for external financial reporting, internal controls over financial reporting (ICFR), and SEC compliance — roles previously held on an interim basis by CFO Amrita Ahuja. Her background includes senior accounting leadership at Pinterest, BioMarin, and Levi Strauss & Co., with deep experience in SOX compliance, global controllership, and equity compensation accounting — all highly relevant to Block’s complex, multi-segment business model. The $8.0 million RSU award and structured sign-on bonus underscore the strategic importance of the role and intent to retain expertise long-term. Notably, Acosta will report directly to Ahuja, preserving a streamlined finance leadership structure without expanding the C-suite hierarchy. This change does not indicate instability — rather, it formalizes a separation of duties between CFO/COO strategy and dedicated accounting execution, aligning with best practices for companies of Block’s size and public reporting obligations.