Business Standard

Snap CFO Stone to resign less than a year into role

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Reuters

By Sheila Dang and Sonam Rai

(Reuters) - Chief Financial Officer Tim Stone will be leaving Snap Inc less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year.

Stone's departure is not related to any disagreements with the company, which owns popular photo messaging app Snapchat, Snap said in a filing https://bit.ly/2McCRIt.

Former Chief Strategy Officer Imran Khan and Vice President of content Nick Bell left the company in September and November, respectively.

Snap also said in the filing it expects to report fourth quarter revenue and adjusted earnings before interest, taxes, depreciation and amortization at the top end of its guidance.

 

(Reporting by Sonam Rai in Bengaluru; Editing by Sriraj Kalluvila and Sonya Hepinstall)

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First Published: Jan 16 2019 | 4:34 AM IST

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