Politics · India Bureau
Snap's Chief Business Officer Ajit Mohan to Step Down
Ajit Mohan, who transitioned to Snap from Facebook to lead the company's business operations, is stepping down from his role as chief business officer. The EMEA president will assume leadership responsibilities as Mohan continues with the company through the end of 2024.
LSN India ·
Snap Inc. announced that Ajit Mohan will be relinquishing his position as chief business officer, with the company's Europe, Middle East, and Africa regional leader set to assume his responsibilities. Mohan, who joined the social media platform from Meta Platforms, had taken on the chief business officer role in 2023.
The transition represents a significant organisational shift for the camera-first platform, which has been navigating competitive pressures in the social media and advertising technology sectors. Mohan's departure follows a period of strategic focus on Snap's core business operations and advertising capabilities.
Mohan is expected to remain with Snap through the end of the calendar year, allowing for a structured handover of his responsibilities. The company has not announced a specific timeline for the new EMEA president to formally assume the chief business officer duties.
Snap, which operates the popular Snapchat platform and has expanded into hardware and augmented reality technologies, continues to evolve its leadership structure amid competitive market dynamics in the social media industry.