CFO EXIT LAYOFFS RESTRUCTURING

Apr 21 2026BUSINESS

Snap’s New Financial Leader and a Shift in Focus

Snap Inc. has named Doug Hott as its new chief financial officer, following the exit of Derek Andersen after almost eight years with the company. The change comes just days after Snap announced layoffs, as the firm aims to become profitable again. Andersen will make his last earnings call on May 6

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