Snap CFO resigning, company says it will come in near top end of guidance for Q4
https://www.cnbc.com/2019/01/15/snap-cfo-resigning-company-says-it-will-come-in-near-top-end-of-guidance-for-q4.html
Snap chief financial officer Tim Stone is resigning to pursue other opportunities, the company said in a new filing Tuesday that sent the stock tumbling more than 8 percent after hours. Stone's reign lasted less than a year: he joined from Amazon in May 2018, with an annual salary of $500,000, restricted stock units worth $20 million, and 500,000 options to buy additional Snap stock.
Several months after Stone joined, Wedbush Securities analyst Michael Pachter cited his hire as one of the factors demonstrating Snap's "increased focus on shareholder value."
Snap CFO resigning, company says it will come in near top end of guidance for Q4
Jan 15, 2019, 11:41pm UTC
https://www.cnbc.com/2019/01/15/snap-cfo-resigning-company-says-it-will-come-in-near-top-end-of-guidance-for-q4.html
> Snap chief financial officer Tim Stone is resigning to pursue other opportunities, the company said in a new filing Tuesday that sent the stock tumbling more than 8 percent after hours. Stone's reign lasted less than a year: he joined from Amazon in May 2018, with an annual salary of $500,000, restricted stock units worth $20 million, and 500,000 options to buy additional Snap stock.
> Several months after Stone joined, Wedbush Securities analyst Michael Pachter cited his hire as one of the factors demonstrating Snap's "increased focus on shareholder value."