Snap Chief Strategy Officer Imran Khan is latest exec to leave to pursue other opportunities

Snapchat parent Snap Inc. shares SNAP, -1.86% slid more than 2% in premarket trade Monday, after the company said its chief strategy officer has become the latest executive to leave the company. Imran Khan, who took on the role in 2015, has not yet set a departure date, but has decided to leave to pursue other opportunities, the company said in a regulatory filing. Khan will continue to serve through an interim period to ensure a smooth transition. The departure is not based on any disagreement over strategy or accounting, said the filing. Khan is the latest executive to jump ship. In May, then CFO Andrew Vollero left and in February, then head of sales Jeff Lucas left after less than two years. Snap shares have fallen 32% in 2018, while the S&P 500 SPX, +0.26% has gained 7.4%.

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