And if you read that, you're still asking why HR has any right to know if their executives are in a possible enanglement with a subordinate?
OK, maybe you have a reflexive hate of HR. don't fixate on them. Instead, pretend you were in the shoes of Square's founders or major investors, and you're reading a lawsuit that accuses your COO of sexual harassment, the kind of sexual harassment allegation that can only come from a COO who broke standard operating procedure (I.e. not informing HR of this)
Would you think the investors and partners are more angrier or less angrier than you right now?
A person no matter what level he is at who has a genuine consensual relationship with another employee should not cause the company any issues which HR would need to resolve so I still don't understand the need to declare all such relationships to them.
For what it's worth, in the UK it's perfectly OK to have a secret office romance and such things are not required to be declared. It could be that our cultural differences are the main reason for this difference in opinion.