Snap Inc. announced late Monday that Chief Financial Officer Derek Andersen will depart the company early next month. Andersen, who has held the position since 2019, is leaving to pursue a "new professional opportunity."

The company has appointed Doug Hott, its current vice president of finance, strategy, and corporate development, to succeed Andersen. The transition marks a leadership change for the firm as it enters the next month.

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Source · The Information