Snap names Doug Hott as new CFO

The company states: “On April 17, 2026, Derek Andersen, our Chief Financial Officer, notified us that he will leave Snap (SNAP) for a new professional opportunity. Mr. Andersen’s last day at Snap is expected to be May 8, 2026. Mr. Andersen has confirmed that his decision is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, or practices. In connection with the departure of Mr. Andersen, we plan to appoint Doug Hott, our current Vice President of Finance, Strategy, and Corporate Development, to serve as our Chief Financial Officer. Since July 2024, Mr. Hott has served as our Vice President of Finance, Strategy and Corporate Development. Prior to that role, Mr. Hott served as our Vice President of Finance from August 2019 to July 2024.”