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Jan 20, 2019

The Snap boss has had the job for under a year - now he leaves the company


Several managers have an end over the past year.

Finance Director in Snap. Inc, Tim Stone, has resigned his job less than a year ago. It confirmed the company Tuesday this week.

Several managers have an end over the past year.

Finance Director in Snap. Inc, Tim Stone, has resigned his job less than a year ago. It confirmed the company Tuesday this week.

The Snap shares fell 8 percent to $ 6.02 after the news broke.

Not the first one
There should be no disagreements that led to the dismissal, the company claims.

- Tim has had a great influence over the short time on our team. We are very grateful for the hard work he has done, says Snap's CEO Evan Spiegel in a statement.

This is a long way from the first leader ending in Snap Inc. Earlier, Chief Executive Imran Khan and Vice President Nick Bell have also left the company.

Escape from the app after the redesign
Snap has had some tough challenges lately. When their flagship app Snapchat received a total renovation, it led to the resurrection among users.

The Redesign work was not well received, and through the two previous quarters, Snap has experienced a reduction in the user base.

authorarticle: Master3395
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sources: Reuters
keywords: snap, snapchat

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