Snap Inc.'s chief strategy officer, Imran Khan, will leave the company, the Santa Monica, Calif., the Snapchat parent said Monday.
There is no set date for his departure. Khan said in an email to employees Monday morning that he would remain at the company to help with the transition of a new chief business officer, for which a search is ongoing.
Khan was hired by Snap in 2015 after working as a banker for Credit Suisse. Within months of his hiring, his connections in the technology industry helped Snap land a $200-million investment from Chinese internet giant Alibaba.
The company has faced problems since it redesigned the Snapchat last year after long-standing criticism that it was too hard to navigate. But the changes didn't go over well, even sparking a Change.org petition with 1.2 million signatories.
In May, Snap tweaked the redesign and put content back into reverse-chronological order, as it had been since Snapchat first went live.
Snap was willing to pay for that level of experience. In 2016, Khan's compensation totaled $5.5 million, according to a filing with the Securities and Exchange Commission last year before Snap's initial public offering.
Khan's departure is the most recent in a series of executive exits since the social media company went public in March 2017. In May, Chief Financial Officer Drew Vollero left and was replaced by Amazon.com Inc. veteran Tim Stone.
Snap's vice president of product, Tom Conrad, also left this year. Conrad, who was reportedly one of Spiegel's closest lieutenants, told the publication TechCrunch that he was planning to leave the tech industry altogether.
