Management ChangeMay 20, 2026, 05:08 PM
Snap Inc. Appoints Luke Wood to Board of Directors
AI Summary
Snap Inc. announced that its board of directors approved an increase in board size from twelve to thirteen members. Luke Wood was appointed to fill the newly created vacancy, effective May 20, 2026. Mr. Wood brings extensive experience from his previous roles as President of Beats by Dr. Dre and Vice President at Apple Inc., and currently serves as CEO of Violet St Holdings, LLC. He will be compensated under the company's Non-Employee Director Compensation Policy.
Key Highlights
- Snap Inc. board of directors increased its size from twelve to thirteen members.
- Luke Wood was appointed to fill the newly created vacancy on the board.
- Mr. Wood will serve until the next annual meeting of stockholders or earlier.
- Wood previously served as President of Beats by Dr. Dre and VP at Apple Inc.
- He is co-founder and CEO of Violet St Holdings, LLC since September 2022.
- Mr. Wood currently serves on the board of directors of Fender Musical Instruments Corp.
Price Impact
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