May 7, 2018 - Technology

Snap is switching CFOs

Snapchat app logo on an iPad. Photo: Carl Court/Getty Images

Snap chief financial officer Drew Vollero is stepping down on May 15 and will be replaced by Amazon finance VP Tim Stone, the company said Monday.

Why it matters: Snap has had a rocky time as a public company since its IPO a little over a year ago, but it is reportedly focused on profitability this year.

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