Also, in early October, vp of marketing Steve LaBella announced that he would leave the company.
Bell said in his farewell memo, “We have established vertical video as the industry standard, built hugely successful partnerships with some of the world’s best media companies and storytellers, produced incredible stories, launched a fantastic slate of original shows and built a robust advertising business. This experience has been incredibly rewarding and an absolute blast. I leave now with amazing memories, many lifelong friendships and a huge amount of excitement for the future of Snap. Although I am announcing this news today, I will be transitioning out of the role between now and the end of the year.”
And Snap CEO Evan Spiegel said in a statement, “We are so grateful for Nick and everything he has built at Snap. It has been an incredible journey that began with our vision for what content could be on mobile. Today, more people are watching more premium content on Snap than ever before, and we couldn’t be more excited about the momentum we are seeing with Snap Originals. We will miss Nick, and we wish him all the best.”