Re:Snap CFO Tim Stone Is Resigning
by shanghaiaway on Tuesday January 15, 2019 @07:41PM
(#18917245)
Useless comment.
Lasted 8 months at Snap, 20 years at Amazon. Something is clearly wrong with Snap, and it's their CEO.
I'm gonna have to agree with you on that. Successful 20 year veteran execs don't make big leaps lightly. Pulling the plug this quick is a very bad sign and you can't really blame "creative differences" or disagreements over control. In a public company the CFO role is well-defined and not subject to much creative opinion.
At a certain point you gotta start blaming the guy at the top.
He started in May 2018, so it's not clear he will reach the 1 year cliff.
Still bad news for Snap confidence, of course
edit: didn't make it 1 year, whoops hope they got the golden parachute negotiated in