Snap Inc. CFO Departs, New CFO Appointed
Ticker: SNAP · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1564408
| Field | Detail |
|---|---|
| Company | Snap Inc (SNAP) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-departure, filing
Related Tickers: SNAP
TL;DR
Snap's CFO is out, new guy in. Stock reaction TBD.
AI Summary
Snap Inc. announced on September 12, 2024, the departure of its Chief Financial Officer, Derek Andersen, effective September 13, 2024. The company also appointed Michael Levin as the new CFO. Additionally, Snap Inc. filed its financial statements and exhibits as part of this report.
Why It Matters
A change in CFO can signal shifts in financial strategy or performance, impacting investor confidence and the company's stock valuation.
Risk Assessment
Risk Level: medium — A CFO departure can introduce uncertainty regarding financial leadership and future strategy.
Key Players & Entities
- Snap Inc. (company) — Registrant
- Derek Andersen (person) — Departing Chief Financial Officer
- Michael Levin (person) — Appointed Chief Financial Officer
- September 12, 2024 (date) — Date of earliest event reported
- September 13, 2024 (date) — Effective date of CFO departure
FAQ
Who is the new Chief Financial Officer of Snap Inc.?
Michael Levin has been appointed as the new Chief Financial Officer of Snap Inc.
When did Derek Andersen's departure as CFO become effective?
Derek Andersen's departure as CFO was effective September 13, 2024.
What is the principal executive office address for Snap Inc.?
The principal executive offices of Snap Inc. are located at 3000 31st Street, Santa Monica, California, 90405.
What is the Commission File Number for Snap Inc.?
The Commission File Number for Snap Inc. is 001-38017.
What is the IRS Employer Identification Number for Snap Inc.?
The IRS Employer Identification Number for Snap Inc. is 45-5452795.
Filing Stats: 793 words · 3 min read · ~3 pages · Grade level 10.4 · Accepted 2024-09-13 16:16:31
Key Financial Figures
- $0.00001 — stered Class A Common Stock, par value $0.00001 per share SNAP New York Stock Excha
Filing Documents
- d564061d8k.htm (8-K) — 28KB
- d564061dex991.htm (EX-99.1) — 4KB
- 0001193125-24-218871.txt ( ) — 149KB
- snap-20240912.xsd (EX-101.SCH) — 3KB
- snap-20240912_lab.xml (EX-101.LAB) — 17KB
- snap-20240912_pre.xml (EX-101.PRE) — 11KB
- d564061d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release dated September 13, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SNAP INC. Date: September 13, 2024 By: /s/ Michael O'Sullivan Michael O'Sullivan General Counsel