Imran Khan, Snap’s chief strategy officer since 2015, is leaving “to pursue other opportunities.” Khan, a former banker who is viewed as CEO Evan Spiegel’s right-hand man, is leaving as the company’s stock is at an all-time low.
Three of Snap Inc.’s top executives sold their first batch of company shares, picking up an estimated $9.3 million, according to federal disclosures. Employees at the Snapchat maker became free Monday to sell shares awarded through options or other compensation plans.