Rapidly expanding mobile payments startup Square has hired Salesforce SVP Sarah Friar to be its new CFO, the company announced this morning.
Square is now processing $6 billion in annual payments and has its sights set on international expansion. The company has more than 1 million accounts accepting credit cards.
“Square was founded on a commitment to help people start and grow their business,” Friar said, in a statement. “I’m thrilled to join a company driving meaningful economic growth while revolutionizing the payment experience for consumers.”
Prior to this position, Friar served as senior VP of finance and strategy at Salesforce for a little over a year. Before that, Friar was a hotshot software analyst for Goldman Sachs for more than 10 years.
Like this story? Want to learn more? On April 14-15, our fourth annual VentureBeat Mobile Summit will tackle the eight biggest growth opportunities in mobile today. The invitation-only Summit will gather the top 180 executives at the scenic Cavallo Point Resort in Sausalito, Calif., to discuss issues like this. Request an invitation.