Snap Management

Management criteria checks 3/4

Snap's CEO is Evan Spiegel, appointed in May 2012, has a tenure of 12.5 years. total yearly compensation is $3.34M, comprised of 0% salary and 100% bonuses, including company stock and options. directly owns 10.06% of the company’s shares, worth €1.70B. The average tenure of the management team and the board of directors is 5.3 years and 6.3 years respectively.

Key information

Evan Spiegel

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage	0.0%
CEO tenure	12.5yrs
CEO ownership	10.1%
Management average tenure	5.3yrs
Board average tenure	6.3yrs

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
Sep 30 2024	n/a	n/a	-US$955m
Jun 30 2024	n/a	n/a	-US$1b
Mar 31 2024	n/a	n/a	-US$1b
Dec 31 2023	US$3m	US$1	-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 ($USD3.34M) is about average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Evan's compensation has increased whilst the company is unprofitable.

CEO

Evan Spiegel (33 yo)

12.5yrs

Tenure

US$3,339,731

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
Evan Spiegel	Co-Founder	12.5yrs	US$3.34m	10.06% € 1.7b
Robert Murphy	Co-Founder	12.5yrs	US$801.33k	10.79% € 1.8b
Derek Andersen	Chief Financial Officer	5.5yrs	US$17.40m	0.14% € 23.1m
Rebecca Morrow	Chief Accounting Officer & Controller	5.2yrs	US$1.39m	0.015% € 2.5m
Michael O'Sullivan	General Counsel & Secretary	7.3yrs	US$9.37m	0.036% € 6.0m
Eric Young	Senior Vice President of Engineering	1.4yrs	US$48.73m	0.044% € 7.5m
David Ometer	Head of Investor Relations	no data	no data	no data
Julie Henderson	Chief Communications Officer	5.6yrs	no data	no data
Scott Withycombe	Chief People Officer	2.1yrs	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	5yrs	no data	no data
Jake Thomas	Head of the United Arab Emirates	4.2yrs	no data	no data

5.3yrs

Average Tenure

45.5yo

Average Age

Experienced Management: 1SI's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Evan Spiegel	Co-Founder	12.5yrs	US$3.34m	10.06% € 1.7b
Robert Murphy	Co-Founder	12.5yrs	US$801.33k	10.79% € 1.8b
Michael Lynton	Independent Chairman of the Board	11.6yrs	US$462.75k	0.025% € 4.3m
Scott Miller	Independent Director	8.1yrs	US$427.75k	0.0060% € 1.0m
James Lanzone	Director	less than a year	no data	no data
Fidel Vargas	Independent Director	3.3yrs	US$427.75k	0.00067% € 113.5k
Patrick Spence	Independent Director	1.2yrs	US$237.81k	no data
Joanna Coles	Independent Director	8.9yrs	US$377.75k	0.00082% € 138.9k
Liz Jenkins	Independent Director	3.9yrs	US$392.75k	0.0015% € 247.4k
Kelly Coffey	Independent Director	4.5yrs	US$367.75k	0.0011% € 184.7k
Poppy Thorpe	Independent Director	6.3yrs	US$427.75k	0.0014% € 230.4k

6.3yrs

Average Tenure

53yo

Average Age

Experienced Board: 1SI's board of directors are considered experienced (6.3 years average tenure).

Snap Management

Management criteria checks 3/4

Key information

Recent management updates

Chief Financial Officer recently sold €815k worth of stock

Snap Inc. Appoints Jim Lanzone to Its Board of Director

Senior Vice President of Engineering recently sold €945k worth of stock

Insufficient new directors

Snap Inc., Annual General Meeting, Jul 22, 2024

Chief Financial Officer recently sold €1.4m worth of stock

Recent updates

Third quarter 2024 earnings released: US$0.093 loss per share (vs US$0.23 loss in 3Q 2023)

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

New major risk - Share price stability

Chief Financial Officer recently sold €815k worth of stock

Snap Inc. Appoints Jim Lanzone to Its Board of Director

Senior Vice President of Engineering recently sold €945k worth of stock

New minor risk - Shareholder dilution

Second quarter 2024 earnings released: US$0.15 loss per share (vs US$0.23 loss in 2Q 2023)

Snap Inc. Provides Earnings Guidance for the Third Quarter of 2024

Insufficient new directors

Snap Inc., Annual General Meeting, Jul 22, 2024

Chief Financial Officer recently sold €1.4m worth of stock

Senior Vice President of Engineering recently sold €1.7m worth of stock

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)

Chief Operating Officer recently sold €636k 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

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

Third quarter 2022 earnings released: US$223 loss per share (vs US$0.046 loss in 3Q 2021)

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

First quarter 2022 earnings released: US$0.22 loss per share (vs US$0.19 loss in 1Q 2021)

Chief Business Officer recently sold €1.1m worth of stock

First quarter 2022 earnings released: US$0.22 loss per share (vs US$0.19 loss in 1Q 2021)

Snap Inc. Provides Revenue Guidance for Second Quarter 2022

Chief Business Officer recently sold €1.1m worth of stock

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

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

CEO Compensation Analysis

CEO

Tenure