Snapchat owner Snap Inc (SNAP.N) said on Monday Amazon.com Inc (AMZN.O) veteran Tim Stone would replace Andrew Vollero as chief financial officer effective May 16.
Stone will have a annual salary of $500,000 according to a regulatory filing.
"He (Vollero) has done an amazing job as Snap's first CFO, building a strong team and helping to guide us through our transition to becoming a public company," said Snap Chief Executive Officer Evan Spiegel.