Snap Appoints Doug Hott as New Chief Financial Officer

Snap has named Doug Hott as its new chief financial officer to replace the departing Derek Andersen. The leadership change follows recent workforce reductions.

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SNAP INC - A, the parent company of the social media platform Snapchat, has named Doug Hott as its new Chief Financial Officer, succeeding Derek Andersen. Hott, 53, has previously served as the company’s vice president of finance, strategy, and corporate development. Andersen is expected to depart the firm on May 8 after a seven-year tenure in the role.

An illustration of the Snapchat logo from July 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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