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Who is Amrita Ahuja: America’s short seller firm Hindenburg Research has made several major revelations on Jack Dorsey-led payments firm Block Inc. In this report, serious allegations have been leveled against many people associated with the management of the company. One of these names is that of Amrita Ahuja. Indian-origin Amrita Ahuja has come under the scanner for allegedly dumping shares of Block Inc. However, let’s know who is Amrita Ahuja.
Who is Amrita Ahuja: She is of Indian-American origin and holds the position of Chief Financial Officer (CFO) at Block Inc. He has studied from premium universities like London School of Economics, Duke University and Harvard Business School. Prior to joining Block in 2019, he worked with companies such as Airbnb, McKinsey & Company, The Walt Disney Company, among others.
Amrita Ahuja started her career as an investment banker in 2001 with Morgan Stanley. According to a report in The Wall Street Journal, Ahuja is of Indian origin and her parents owned a day-care center in Cleveland.
What is the charge: Hindenburg has accused Block Inc founders Jack Dorsey and James McKelvey as well as Amrita Ahuja and Cash App chief manager Brian Grasdonia of “dumping millions of dollars in stock”. The report also said that Jack Dorsey and top officials ensured their own safety without regard for others.