Snap is set to lose another executive with the company’s chief strategy officer, Imran Khan, to step down after three years with the firm.
Khan, 41, has yet to have a specific last day at the company set and will continue in his current role for an interim period before officially leaving his post. Upon his departure, Khan will look to start his own investment fund.
“After nearly four years at Snap, I have decided to step down,” Khan said in an email to staff first seen by CNBC. “This has been a very difficult decision for me to make. There is never a perfect time to say goodbye, but I know that the time is now. We have a stellar leadership team in place to guide Snap through the next phase of growth and on to the next chapter.”
Khan, who was an investment banker before joining Snap for Credit Suisse, is expected to be replaced by an external hire. His departure comes just four months after Snap’s chief financial officer, Drew Vollero, left the company also.