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Snap's number two exec to depart

Snap's Imran Khan speaks onstage during 2016 Advertising Week New York. Photo: Slaven Vlasic/Getty Images for Advertising Week New York

Imran Khan, Snap's chief strategy officer since 2015, is leaving "to pursue other opportunities."

Why it matters: 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.