"I am acutely beholden for Drew and his abounding contributions to the advance of Snap. He has done an amazing job as Snap's aboriginal CFO, architecture a able aggregation and allowance to adviser us through our alteration to acceptable a accessible company. The conduct that he has brought to our business will serve us able-bodied into the future. We ambition Drew connected success and all the best."-Evan Spiegel, co-founder and CEO, Snap
Monday, May 7, 2018
In bosom of banal nosedive, Snap CFO Vollero quits and will be replaced by Amazon accounts veteran
To say that the aftermost two weeks accept been agitated for Snapchat ancestor Snap would be an understatement. On April 25th, there was allocution about the aggregation testing addition redesign. The aforementioned day, Snapchat apparent its Snappables AR games, and alien its adapted Spectacles the actual abutting day. On May 1st, the aggregation appear its aboriginal division 2018 balance and appear weaker than accepted acquirement and slower advance in the cardinal of Daily Active Users. The banal plunged 15% to $12.13 a allotment afterward the broadcasting of the report.Today, with the banal bottomward an added 11.5% back the
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