Snap CFO Resigns

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Tim Stone, Snap Inc.’s chief financial officer, announced Jan. 15 he will resign after working for the Santa Monica social media company for just eight months. Snap noted in a regulatory filing that “Mr. Stone has confirmed that this transition is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, regulatory matters, or practices (financial or otherwise).” Bloomberg reported Jan. 16 that the resignation was sparked by a dispute over a pay raise.

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