Former Square COO Keith Rabois Speaks On Sexual Harassment Claim

What's Next In Payments®
8:17 PM EDT January 27th, 2013

Last week we reported that Square COO Keith Rabois resigned from his position with sources citing “disagreements” with founder Jack Dorsey as part of the reason for his departure. Now Rabois has issued a statement shedding light on the situation and denying allegations that he sexually harassed a male coworker during his time at the mobile payments company.

“In May 2010, I met someone via mutual friends. With increasing frequency, we hung out, drank wine, and I helped prepare him for interviews with tech startups. As our friendship deepened, we spent more time together, and our relationship became physical,” Rabois wrote on his personal blog.

“Several months after our relationship began, I recommended that he interview at Square. He went through the interview process and was ultimately hired. I had no impact on his potential success at the company. At no point did he ever report directly to me, and I have seen his work product less than a handful of times.”

Ricardo Reyes, a Square spokesperson, said in an emailed statement provided by the company: “The first we heard of any of these allegations was when we received the threat of a lawsuit two weeks ago. We took these allegations very seriously and we immediately launched a full investigation to ascertain the facts. While we have not found evidence to support any claims, Keith exercised poor judgment that ultimately undermined his ability to remain an effective leader at Square. We accepted his resignation.”

Read Rabois’ blog here.

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