head of content plans to leave the social-media company by year’s end, bringing to at least a half dozen the number of executives who have left the firm over the past year.
Nick Bell, who in a note to employees on Monday said he is taking time off before “deciding on my next adventure,” joined Snap in 2014 from News Corp and oversaw the launch of Snapchat Discover, which features vertical-screen videos and articles from news publishers, including The Wall Street Journal.
Most recently, he was part of the team behind Snap Originals, the company’s push into original content.
In the past year, Snap’s Chief Strategist Imran Khan, Vice President of Hardware Mark Randall, finance chief Drew Vollero, Vice President of Product Tom Conrad and head of sales Jeff Lucas have all left the company.
Snap has managed to replace some of these roles, and effectively split Mr. Khan’s role with the hiring of Amazon.com Inc.’s Jeremi Gormanas its business chief and Huffington Post’s Jared Grusd as its strategy chief.
The company has been losing daily users following a redesign of its Snapchat social-media app in February that was aimed at broadening its business beyond its core teen and young adult audience.
As of Sept. 30, its total user base stood at about 186 million, down from about 188 million in the previous quarter, according to securities filings.
Snaps shares, which priced at $17 when the company went public in March 2017 traded around $6.64 on Monday, not far off a record low of $5.77 set last month.