1/29/2019, 5:05 AM (Source: TeleTrader)
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Chart for: Snap Inc

Lara Sweet appointed Snap interim CFO

Snap Inc. announced in a press release that it appointed its current Chief Accounting Officer Lara Sweet as its interim CFO.

Sweet's appointment came following current CFO Tim Stone's resignation earlier this month after less than a year in the role. She will serve in the role while the company continues its search for a permanent CFO.

"As we execute on our next phase of growth and scale our business for the long term, we remain highly focused on ensuring we have the right leaders in place to help us achieve our vision for the future. Lara has intricate knowledge of our financial procedures and controls, and she will provide seamless continuity to the finance team while we continue our search for a permanent CFO," Snap CEO Evan Spiegel said. "We appreciate the importance of this search process and have made it a priority to identify a successor with the right skill set and experience to help drive growth and deliver value to our investors."

Breaking the News / DZ