Snap Management

Management criteria checks 4/4

Snap's CEO is Evan Spiegel, appointed in May 2012, has a tenure of 11.92 years. total yearly compensation is $2.75M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 10.29% of the company’s shares, worth €2.29B. The average tenure of the management team and the board of directors is 4.8 years and 6.6 years respectively.

Key information

Evan Spiegel

Chief executive officer

US$2.7m

Total compensation

CEO salary percentage	0.0%
CEO tenure	11.9yrs
CEO ownership	10.3%
Management average tenure	4.8yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Evan Spiegel's remuneration changed compared to Snap's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-US$1b
Dec 31 2023	n/a	n/a	-US$1b
Sep 30 2023	n/a	n/a	-US$1b
Jun 30 2023	n/a	n/a	-US$1b
Mar 31 2023	n/a	n/a	-US$1b
Dec 31 2022	US$3m	US$1	-US$1b
Sep 30 2022	n/a	n/a	-US$1b
Jun 30 2022	n/a	n/a	-US$831m
Mar 31 2022	n/a	n/a	-US$561m
Dec 31 2021	US$3m	US$1	-US$488m
Sep 30 2021	n/a	n/a	-US$624m
Jun 30 2021	n/a	n/a	-US$751m
Mar 31 2021	n/a	n/a	-US$926m
Dec 31 2020	US$2m	US$1	-US$945m
Sep 30 2020	n/a	n/a	-US$1b
Jun 30 2020	n/a	n/a	-US$1b
Mar 31 2020	n/a	n/a	-US$1b
Dec 31 2019	US$2m	US$1	-US$1b
Sep 30 2019	n/a	n/a	-US$985m
Jun 30 2019	n/a	n/a	-US$1b
Mar 31 2019	n/a	n/a	-US$1b
Dec 31 2018	US$801k	US$1	-US$1b
Sep 30 2018	n/a	n/a	-US$1b
Jun 30 2018	n/a	n/a	-US$2b
Mar 31 2018	n/a	n/a	-US$2b
Dec 31 2017	US$638m	US$98k	-US$3b

Compensation vs Market: Evan's total compensation ($USD2.75M) is below average for companies of similar size in the Austrian market ($USD4.43M).

Compensation vs Earnings: Evan's compensation has been consistent with company performance over the past year.

CEO

Evan Spiegel (32 yo)

11.9yrs

Tenure

US$2,747,395

Compensation

Mr. Evan T. Spiegel serves as an Independent Director at KKR & Co. Inc. since joining in October 06, 2021. He is a Co-Founder of Snap Inc. and served as its President. Mr. Spiegel has been Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Derek Andersen	Chief Financial Officer	4.9yrs	US$17.40m	0.15% $ 34.4m
Rebecca Morrow	Chief Accounting Officer & Controller	4.6yrs	US$1.39m	0.015% $ 3.3m
Michael O'Sullivan	General Counsel & Secretary	6.8yrs	US$9.37m	0.038% $ 8.5m
Jerry Hunter	Executive Officer	less than a year	US$26.32m	0.086% $ 19.1m
Evan Spiegel	Co-Founder	11.9yrs	US$2.75m	10.29% $ 2.3b
Robert Murphy	Co-Founder	11.9yrs	US$525.00k	11.26% $ 2.5b
David Ometer	Head of Investor Relations	no data	no data	no data
Julie Henderson	Chief Communications Officer	5yrs	no data	no data
Scott Withycombe	Chief People Officer	1.5yrs	no data	no data
Kimberlee Archer	Head Of Global Marketing - Augmented Reality & Camera	no data	no data	no data
Eitan Pilipski	Senior Vice President of Camera Platform	4.4yrs	no data	no data
Jake Thomas	Head of the United Arab Emirates	3.6yrs	no data	no data

4.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: SNAP's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Evan Spiegel	Co-Founder	11.9yrs	US$2.75m	10.29% $ 2.3b
Robert Murphy	Co-Founder	11.9yrs	US$525.00k	11.26% $ 2.5b
Michael Lynton	Independent Chairman of the Board	11yrs	US$462.75k	0.025% $ 5.6m
Scott Miller	Independent Director	7.5yrs	US$423.86k	0.0061% $ 1.4m
Fidel Vargas	Independent Director	2.8yrs	US$427.75k	0.00069% $ 153.7k
Patrick Spence	Independent Director	less than a year	no data	no data
Joanna Coles	Independent Director	8.3yrs	US$363.86k	0.0016% $ 367.6k
Liz Jenkins	Independent Director	3.3yrs	US$392.75k	0.00078% $ 173.8k
Kelly Coffey	Independent Director	3.9yrs	US$353.86k	0.0011% $ 249.5k
Poppy Thorpe	Independent Director	5.7yrs	US$357.74k	0.0014% $ 309.7k

6.6yrs

Average Tenure

51yo

Average Age

Experienced Board: SNAP's board of directors are considered experienced (6.6 years average tenure).

Snap Management

Management criteria checks 4/4

Key information

Recent management updates

Snap Inc Appoints Rasha El-Ghoussaini as the New Head of Agency

Insider recently sold €1.3m worth of stock

Chief Operating Officer recently sold €636k worth of stock

Patrick Spence Joins Snap Inc. Board of Directors

Snap Inc. Appoints Pulkit Trivedi as India Managing Director

Insider recently sold €807k worth of stock

Recent updates

Snap Inc. Provides Revenue Guidance for the Second Quarter of 2024

Snap Inc. Announces Reduction in Full-Time Workforce in First Quarter of 2024

Snap Inc Appoints Rasha El-Ghoussaini as the New Head of Agency

Insider recently sold €1.3m worth of stock

New minor risk - Shareholder dilution

Snap Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: US$0.23 loss per share (vs US$0.22 loss in 3Q 2022)

Snap Inc. (NYSE:SNAP) announces an Equity Buyback for $500 million worth of its shares.

Third quarter 2023 earnings released: US$0.23 loss per share (vs US$0.22 loss in 3Q 2022)

Snap Inc. (NYSE:SNAP) announces an Equity Buyback for $500 million worth of its shares.

Chief Operating Officer recently sold €636k worth of stock

Patrick Spence Joins Snap Inc. Board of Directors

Snap Inc. Appoints Pulkit Trivedi as India Managing Director

Insider recently sold €807k worth of stock

Snap Inc. Provides Revenue Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.23 loss per share (vs US$0.26 loss in 2Q 2022)

Snap Inc., Annual General Meeting, Jul 24, 2023

Montgomery County Public Schools Joins Federal Lawsuit Against Meta, TikTok, Snap, YouTube, and Other Social Media Companies

Snap Inc. Appoints Eric Young as Senior Vice President of Engineering

Chief Operating Officer recently sold €505k worth of stock

First quarter 2023 earnings released: US$0.21 loss per share (vs US$0.22 loss in 1Q 2022)

Snap Inc. Not to Provide Financial Guidance for the First Quarter of 2023

Chief Accounting Officer & Controller recently sold €59k worth of stock

Chief Financial Officer recently sold €457k worth of stock

Chief Financial Officer recently sold €102k worth of stock

Ajit Mohan to Join Snap as President of Asia-Pacific Business

Chief Accounting Officer & Controller recently sold €85k worth of stock

Snap Inc. (NYSE:SNAP) announces an Equity Buyback for $500 million worth of its shares.

Social Media Victims Law Center and CA Goldberg, PLLC File Suit Against Snap, Inc

Snap Inc. Announces Board Changes

Snap Inc. Not to Provide Earnings Guidance for the Third Quarter of 2022

Chief Financial Officer recently sold €115k worth of stock

No longer forecast to breakeven

Snap Inc., Annual General Meeting, Jul 20, 2022

Chief Financial Officer recently sold €444k worth of stock

Snap Inc. Announces Management Changes

Chief Business Officer recently sold €835k worth of stock

Forecast breakeven date pushed back to 2024

Snap Inc. Provides Revenue Guidance for Second Quarter 2022

Social Media Victims Law Center Files Wrongful Death Lawsuit Against Meta Platforms, Inc. and Snap, Inc. in Suicide of 17-Year-Old Christopher J. Dawley

Chief Financial Officer recently sold €951k worth of stock

Family of A Conroe Files A Negligence Lawsuit Against Snapchat over Reported Teacher-Student Sexual Relationship in Conroe Isd

Chief Business Officer recently sold €1.3m worth of stock

Snap Inc. Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Social Media Victims Law Center Files Wrongful Death Lawsuit Against Meta Platforms, Inc. and Snap, Inc. for Causing the Suicide of 11-Year-Old Selena Rodriguez

Chief Business Officer recently sold €1.2m worth of stock

Bronstein, Gewirtz & Grossman, LLC Notifies Investors That A Class Action Lawsuit Has Been Filed Against Snap Inc

Chief Business Officer recently sold €1.4m worth of stock

Senior Vice President of Engineering recently sold €2.3m worth of stock

Third quarter 2021 earnings released: US$0.046 loss per share (vs US$0.14 loss in 3Q 2020)

Chief Business Officer recently sold €2.3m worth of stock

Forecast to breakeven in 2023

Chief Financial Officer recently sold €2.1m worth of stock

Senior Vice President of Engineering recently sold €3.0m worth of stock

Second quarter 2021 earnings released: US$0.096 loss per share (vs US$0.23 loss in 2Q 2020)

Chief Business Officer recently sold €1.8m worth of stock

Chief People Officer Lara Sweet has left the company

Co-Founder recently sold €16m worth of stock

Chief Business Officer recently sold €1.8m worth of stock

Snap Inc. Introduces the Next Generation of Spectacles

Insider recently sold €3.5m worth of stock

Verizon and Snap Inc. Launch 5G Landmarker Lens in L.A

Snap Inc. Provides Financial Guidance for the Second Quarter of 2021

First quarter 2021 earnings released: US$0.19 loss per share (vs US$0.21 loss in 1Q 2020)

Chief Business Officer recently sold €1.9m worth of stock

Chief Business Officer recently sold €1.9m worth of stock

Snap Inc. (NYSE:SNAP) acquired Fit Analytics GmbH.

Nitro Games Signs an Agreement with Snap Regarding Providing A New Game to the Snapchat Platform