leadership
confidence high
sentiment neutral
materiality 0.70
Snap CFO Derek Andersen to depart May 8, 2026; Doug Hott appointed as replacement
Snap Inc
- CFO Derek Andersen notified departure for new professional opportunity; no disagreement with company on accounting or strategy.
- Doug Hott, VP of Finance, Strategy, and Corporate Development since July 2024, to become CFO.
- Hott previously VP of Finance from August 2019 and holds B.S. Physics, M.S. Astrophysics, and MBA.
- Hott has no family relationships with directors or officers; no material related transactions disclosed.
- Compensatory arrangements for Hott will be filed via amendment within four business days if required.