While rumors continue to circulate (as they always do) about a secret IPO filing, Square is publicly piping up about a new leadership addition.
The San Francisco-based company announced it has named former Brown University president Ruth Simmons to its board of directors.
Simmons served as president of the Ivy League institution between 2001 and 2012.
Prior to Brown, Simmons served as president of Smith College from 1995 to 2000. During her tenure at the private liberal arts school, she established the first engineering program at an American women's college.
Simmons has also served in various faculty and administrative roles at the University of Southern California, Princeton University, and Spelman College.
"Ruth has inspired generations of young people to follow their dreams, break down any barriers that stand in their way, and make an impact in their communities," wrote Square CEO Jack Dorsey, in prepared remarks.
Simmons currently serves on the boards of Texas Instruments, Chrysler, and Mondelez on top of a number of non-profit boards. She also previously sat on board for Goldman Sachs.
Simmons is the second woman on Square's board, which includes Dorsey, Roelof Botha, Vinod Khosla, Jim McKelvey, Mary Meeker, Larry Summers, and David Viniar.
Philanthropist and NBA legend Earvin "Magic" Johnson, also CEO and chairman of Magic Johnson Enterprises, joined the Square board in June.