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Snap CFO Tim Stone to resign less than a year into role

8 monthes ago   |   By Reuters

Snapchat app-owner Snap Inc said on Tuesday Chief Financial Officer Tim Stone will be leaving the company, less than a year after assuming charge in the latest top-level exit.
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Snapchat's parent company is losing its CFO after less than a year, and the stock is plummeting

Snapchat's parent company is losing its CFO after less than a year, and the stock is plummeting

8 monthes ago   |   By Business Insider

Tim Stone, the CFO of Snapchat parent company Snap, is quitting.
On Tuesday, the exec notified the beleaguered messaging app company of his intention to quit "to pursue other opportunities," Snap said in a SEC filing. Snap is down around 8% in after-hours trading following the news.
Snapchat has struggled in recent years as Facebook-owned Instagram aggressively cloned its features, siphoning off users and stifling the app's growth.
Stone, a former Amazon executive, had joined Snap less than a year ago, in May 2018, following a disastrous quarter for the company He replaced the company's...
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WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil

WeWork board members are talking about ousting CEO Adam Neumann amid IPO turmoil

Some board members at coworking startup WeWork aim to push out CEO Adam Neumann, according to a report from the Wall Street Journal. The board could meet this week and might... Read more ...

Mitt Romney is the first Republican to condemn Trump Ukraine call over...

Mitt Romney is the first Republican to condemn Trump Ukraine call over Biden, saying 'it would be troubling in the extreme'

A scandal has been building over President Donald Trump's call with Ukraine's new president. Trump reportedly pressured Ukraine's Volodymyr Zelensky to investigate Democratic... Read more ...

Trump hopes 'they release' his call with Ukraine's president, in which he...

Trump hopes 'they release' his call with Ukraine's president, in which he says he talked about both Joe and Hunter Biden and 'corruption taking place'

Amid calls from Democrats, including former Vice President Joe Biden, for the White House to release a transcript of a call between President Donald Trump and the president of... Read more ...

Emily Thornberry tells Jeremy Corbyn he must decide now whether Labour is an...

Emily Thornberry tells Jeremy Corbyn he must decide now whether Labour is an anti-Brexit party

The Labour Party must clarity its Brexit position now, according to Emily Thornberry. The shadow foreign secretary urged party leader Jeremy Corbyn to make the party decide how... Read more ...

Greta Thunberg at UN Youth Climate Summit: 'We young people are unstoppable'

Greta Thunberg at UN Youth Climate Summit: 'We young people are unstoppable'

Climate activist Greta Thunberg said that during the climate strikes across the globe on Friday "we showed that we are united, and that we young people are unstoppable." She... Read more ...

Biden demanded Trump release transcripts of a call where he reportedly...

Biden demanded Trump release transcripts of a call where he reportedly badgered Ukraine's leader to investigate his son 8 times

Joe Biden says Donald Trump must release transcripts from a call where he allegedly pestered Ukraine's leader to investigate his son. Trump is accused of asking Vladimir... Read more ...

Keeping Things Light at Trump's State Dinner for the Australian Prime Minister

Keeping Things Light at Trump's State Dinner for the Australian Prime Minister

A glittering crowd of American and Australian luminaries gathered under the stars in the White House Rose Garden on Friday, resolutely celebrating even as serious matters of... Read more ...

Inside the lavish state dinner with Australia, the Trumps' second such...

Inside the lavish state dinner with Australia, the Trumps' second such formal evening at the White House

President Donald Trump and first lady Melania Trump hosted their second state dinner on Friday night, in honor of the prime minister of Australia. A bevy of DC heavyweights... Read more ...

All the TV shows and stars that are nominated for 2019 Emmys

All the TV shows and stars that are nominated for 2019 Emmys

The 2019 Emmys were held at the Microsoft Theater in Los Angeles on Sunday. HBO's "Game of Thrones," Amazon's "The Marvelous Mrs. Maisel," FX's "Fosse/Verdon" racked up several... Read more ...

Maisie Williams debuted a brand new brunette bob for the 2019 Emmys red carpet

Maisie Williams debuted a brand new brunette bob for the 2019 Emmys red carpet

Maisie Williams returned to her natural brunette hair for the 2019 Emmys in Los Angeles on Sunday. The " Game of Thrones " star showed off her new bob and walked the purple... Read more ...