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Snap Inc. revealed chief strategy officer Imran Khan will depart the company in <a href="http://otp.tools.investis.com/clients/us/snap_inc/SEC/sec-show.aspx?Type=html&amp%3BFilingId=12955946&amp%3BCIK=0001564408&amp%3BIndex=10000&utm_source=1851franchise.com&utm_medium=article&utm_campaign=snap-inc-chief-strategy-officer-to-step-down-2707807" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">a regulatory filing</a> on Monday. Khan will stay on with the company until his replacement is hired &ldquo;to ensure a very smooth transition.&rdquo; <a href="https://www.nytimes.com/2018/09/10/technology/imran-khan-snap.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=snap-inc-chief-strategy-officer-to-step-down-2707807" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">The New York Times reported</a> Khan is expected to open a firm that will both help and invest in technology start-ups, according to sources.

Khan&rsquo;s main role since joining Snapchat&rsquo;s parent company in 2015 was bringing advertising revenue to the platform&rsquo;s unique model. During his tenure, Snap Inc. assembled a sales staff and developed advertising opportunities in the form of Snapchat lenses and filters that can be applied to user photos and videos. According to the Times, Snap Inc.&rsquo;s advertising operations generated roughly $829 million in revenue in 2017 and it is expected to collect nearly $1 billion this year.

Snap Inc. has seen a slew of executives depart since the company went public in 2017. The company&rsquo;s stock has fallen more than 40 percent over the last six months and it just reported its first quarter-on-quarter decline in users in Q2.

Read the full story <a href="https://www.nytimes.com/2018/09/10/technology/imran-khan-snap.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=snap-inc-chief-strategy-officer-to-step-down-2707807" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

Snap Inc., Snapchat, Imran Khan, chief strategy officer

Snap Inc. Chief Strategy Officer to Step Down

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Snap Inc. Chief Strategy Officer to Step Down

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