Lara Sweet Appointed Interim Chief Financial Officer at Snap Inc.
28 Janeiro 2019 - 07:55PM
Business Wire
Snap Inc. (NYSE: SNAP) today announced the appointment of Lara
Sweet, Snap’s current Chief Accounting Officer, as interim Chief
Financial Officer and principal financial officer. Ms. Sweet’s
appointment follows the previously announced departure of Chief
Financial Officer Tim Stone, which is planned for February 5, 2019.
Ms. Sweet will report to CEO Evan Spiegel.
Mr. Stone will continue to assist Snap in the effective
transition of his duties, including through Snap’s scheduled full
year 2018 financial results announcement.
Snap has initiated a search for a permanent Chief Financial
Officer.
“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,” commented Mr. Spiegel. “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.”
“I look forward to continuing to support Snap in my expanded
role and working with my colleagues to deliver meaningful progress
on executing our financial goals,” said Ms. Sweet.
In her duties as interim Chief Financial Officer and principal
financial officer Ms. Sweet will oversee Snap’s finance,
accounting, and people teams.
Lara Sweet Biography
Ms. Sweet joined Snap in 2016 and served in multiple roles in
Snap’s finance organization, including Chief Accounting Officer and
VP Controller. During her tenure in these roles, Ms. Sweet was
integrally involved in developing and implementing best practices
across Snap’s accounting and financial reporting functions. Prior
to joining Snap, Ms. Sweet served as Controller and Chief
Accounting Officer at AOL. She has also held the positions of
Senior Director, External Reporting at Freddie Mac and Senior
Manager, Internal Audit at Marriott International.
Ms. Sweet received a B.S. in Accounting from George Mason
University.
About Snap Inc.
Snap Inc. is a camera company. We believe that reinventing the
camera represents our greatest opportunity to improve the way
people live and communicate. We contribute to human progress by
empowering people to express themselves, live in the moment, learn
about the world, and have fun together. For more information, visit
snap.com.
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