Snap Appoints Chief Financial Officer and Chief People Officer
20 Maio 2019 - 5:55PM
Business Wire
Derek Andersen Appointed Chief Financial
Officer; Lara Sweet Appointed Chief People Officer
Snap Inc. (NYSE: SNAP) today announced the appointment of Derek
Andersen, currently Snap’s Vice President of Finance, as Chief
Financial Officer. Mr. Andersen will take over the responsibilities
of interim CFO Lara Sweet and report to CEO Evan Spiegel.
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Derek Andersen, Chief Financial Officer
(Photo: Business Wire)
Snap also announced the appointment of Lara Sweet as Chief
People Officer. In this new role, Ms. Sweet will oversee Snap’s
global talent acquisition and management strategies and processes,
human resource functions and the overall team experience. She will
report to Mr. Spiegel in this capacity, and continue as Chief
Accounting Officer until a replacement is named. Both appointments
are effective immediately.
“I am thrilled to announce the promotions of Derek and Lara,
which reflect their strengths as leaders,” Mr. Spiegel said. “Derek
has played a critical role in building our finance function since
joining Snap almost a year ago, as well as leading our cost
efficiency initiatives and strategic planning processes. We’re
confident that Derek brings important stability to this vital role,
given his strong financial expertise and impressive accomplishments
working together with our team.”
Mr. Spiegel continued, “Lara has provided seamless continuity
throughout the transitions in our finance team. I’ve long admired
Lara’s approach to building culture and managing talent, so when
she asked me for the opportunity to focus on People I was thrilled
for her to step into this role. We are excited to see her lead our
people-focused initiatives, which will emphasize Snap’s talent as a
core advantage for our business. I am confident that with Derek and
Lara’s leadership in these key functions, we will continue to
execute against our long-term vision.”
Mr. Andersen said, “I am honored to play a deeper role in
ensuring that Snap is best positioned to create value for our
community, partners, and investors over the long term. I look
forward to continuing to work with our talented finance team and
helping drive us along our path towards break-even.”
Ms. Sweet said, “Since assuming the role of interim CFO near the
beginning of this year, I have also taken on the responsibilities
of managing our People teams. I am excited to have the opportunity
to focus full-time on this critical area of our business, and to
help foster a culture and team at Snap that will enable our
continued success.”
Derek Andersen Biography
Mr. Andersen has served as Snap’s Vice President of Finance
since July 2018. During his tenure at Snap, Mr. Andersen has played
an important role in spearheading the development and
implementation of best practices across Snap’s finance and
reporting functions. Mr. Andersen was previously employed at
Amazon.com, Inc., serving in a variety of roles over seven years,
most recently as Vice President of Finance supporting Amazon's
digital video business. Mr. Andersen also previously served in
roles at Fox Interactive Media, including as Senior Vice President,
Finance and Business Operations for IGN, and as Vice President,
Finance.
Mr. Andersen holds a BBA from Acadia University, an MBA from the
Haas School of Business at the University of California, Berkeley,
and is a CFA Charter Holder.
Lara Sweet Biography
Ms. Sweet joined Snap in 2016 and has served multiple roles in
the company’s finance organization, including interim CFO, Chief
Accounting Officer, and Vice President, Controller. During her
tenure as interim CFO, Ms. Sweet managed the day to day operations
of the finance, accounting, and people teams. Prior to joining
Snap, Ms. Sweet served as Controller and Chief Accounting Officer
at AOL, Inc., and previously served as Vice President, Internal
Audit, and Vice President, Controller. She has also held the
positions of Senior Director, External Reporting at Freddie Mac and
Manager, Internal Audit at Marriott International.
Ms. Sweet holds a BS 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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Investors and Analysts:ir@snap.com
Media:press@snap.com
Abi Genis, Sard Verbinnenagenis@sardverb.com
Hayley Fahey, Sard Verbinnenhfahey@sardverb.com
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