Payments processor Adyen has hired Cash App’s head of engineering, Tom Adams, as chief technology officer.
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Adams replaces Alexander Matthey, who decided earlier this year not to seek another term after a decade at the Dutch unicorn.
Adams joins Adyen from Cash App after spending nearly seven years in Block’s consumer business, most recently as head of technology.
In the role of CTO at Adyen, he will oversee the strategic and technological vision of the company’s unified platform spanning payments, data and financial products.
Pieter van der Does, CEO of Adyen, says: “With Tom’s experience in building and leading a global engineering organization and driving product innovation at scale, we look forward to his contributions as we continue to develop the benefits of our single platform.”
Adams added: “I look forward to joining this exceptional team to continue to help Adyen realize its long-term growth ambitions and drive customer-focused innovation at scale.”