Square Inc. said Tuesday that it will name Ruth Simmons, former president of Brown University and Smith College, to its Board of Directors. Simmons also serves on the boards of Texas Instruments , Chrysler and Mondelez . Other board members at Square include retired basketball player Earvin "Magic" Johnson, former U.S. Treasury Secretary Larry Summers, venture capitalist Vinod Khosla and David Viniar, former chief financial officer at Goldman Sachs. Square reportedly filed a confidential initial public offering at the end of July.
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