In a SEC filing published Monday, Snap, the company behind Snapchat, announced that Imran Khan, Chief Strategy Officer and member of NR30, is leaving the company to pursue "other options."
Khan will continue to serve interim in his role to ensure that his roles and responsibilities are properly implemented. His last day has yet to be determined.
"There's never a perfect time to say goodbye, but we have an excellent leadership team that will snap through the next chapter, and I'll go ahead to achieve a very good smooth transition," Khan said the submission.
According to the submission, Khan's decision was not triggered by a conflict with Snaps' operations, policies, policies or practices. Rather, as TechCrunch reports, Khan plans to start its own investment firm. The company will pursue investment opportunities with public and private companies wishing to break traditional businesses.
"Imran has been a great partner in building our business," said Evan Spiegel, CEO of Snap (and also a member of the NR30). "We appreciate all his hard work and wish him well."
Khan played a pivotal role not only in taking over the public and fending off Facebook's competition issues, but also in controlling the monetization of Snapchat, including sponsored deals on its augmented reality lenses
In One Year, In which Snap AR has become a corporate priority, the company has introduced its Shopable AR platform for e-commerce and has expanded its brand offering to include the new Snapback AR experiences and the acquired 3D gaming console PlayCanvas, which is expected to become an AR gaming Platform will lead. These steps are also the reason why he ranks eighth on Next Reality's list of top people in AR.
His departure leaves a leadership hole in the business, just as Snap is working to reverse declining user growth, maintain its AR platform, and build future AR hardware. Anything that may stifle growth for one of the top augmented reality companies is not necessarily good news for the augmented reality industry.
Coincidentally, another NR30 member left Gordon Meyer as vice president of product and marketing at AR Startup Lampix. Lampix confirmed his departure by e-mail, although no reason was given for the separation of the routes.
As with Snap, a top manager's departure is likely to disrupt operations, but Lampix is at a particularly critical juncture as the company seeks to launch its AR projector and market the community on a blockchain. based business model for sale
Additional coverage by Adario Strange