Snap announces CFO exit days after job cuts in A bid to improve profitability - insider doug Hott to take over.

{
  "signal_id": "01f70e4d-210d-419d-85a1-f4bb24e2587b",
  "signal_type": "news",
  "signal_subtype": "leaves",
  "detected_at": "2026-04-25T00:15:32+00:00",
  "company": {
    "name": "Snap",
    "domain": "snap.com"
  },
  "data": {
    "url": "https://www.benzinga.com/news/social-media/26/04/51930633/snap-announces-cfo-exit-days-after-job-cuts-in-a-bid-to-improve-profitability-insider-doug-hott",
    "title": "Snap announces CFO exit days after job cuts in A bid to improve profitability - insider doug Hott to take over.",
    "contact": "Derek Andersen",
    "excerpt": "Snap announces CFO exit days after job cuts in A bid to improve profitability - insider doug Hott to take over.\n\nStock score locked: want to see it?\n\nBenzinga Rankings give you vital metrics on any stock - anytime.\n\nOn Monday, Snap Inc. (NYSE:SNAP) CEO Evan Spiegel announced the departure of Chief Financial Officer Derek Andersen after nearly eight years with the company.\n\nDoug Hott, who has served as the Snapchat owner's vice president of finance, strategy, and corporate development, will succeed Andersen, Spiegel said.\n\nCFO exit comes days after layoffs.\n\nAndersen will participate in his final earnings call on May 6, with his last day set for May 8, according to Spiegel's internal memo. He credited him with guiding the social media firm through major challenges, including the pandemic, changes to advertising platforms, and broader macroeconomic volatility.\n\nHe noted Andersen's departure comes as Snap charts a \"clear path to net income profitability.\"\n\nThe CFO change comes days after Snap said it will cut about 1,000 jobs as part of a broader restructuring to reduce costs and improve profitability, amid slowing growth and rising competitive pressure. The move came weeks after Irenic Capital Management pushed the firm to optimize its portfolio and improve performance.\n\nOrganizational reshuffle for profits.\n\nSnap is also restructuring several teams.\n\nWorkplace experience will...",
    "summary": "Derek Andersen left Snap Inc. as CFO on Apr 20th '26.",
    "category": "leaves",
    "found_at": "2026-04-25T00:15:32Z",
    "planning": false,
    "image_url": "https://cdn.benzinga.com/files/images/story/2026/04/21/New-York-City--Ny--March-2--2017-Snapcha.jpeg?width=1200&height=800&fit=crop",
    "job_title": "CFO",
    "confidence": 0.4277,
    "published_at": "2026-04-21T07:07:19Z",
    "effective_date": "2026-04-20",
    "job_title_tags": [
      "finance"
    ],
    "article_sentence": "On Monday, Snap Inc. (NYSE:SNAP) CEO Evan Spiegel announced the departure of Chief Financial Officer Derek Andersen after nearly eight years with the company."
  }
}

curl https://signals.autobound.ai/v1/signals/01f70e4d-210d-419d-85a1-f4bb24e2587b \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"snap.com","limit":20}'