×

Snap Taps Amazon Exec Jeremi Gorman, HuffPost CEO Jared Grusd

Snapchat corporate parent Snap has poached Amazon advertising executive Jeremi Gorman as its new chief business officer while also appointing former Huffington Post CEO Jared Grusd as its new chief strategy officer.

The two executives are effectively replacing Snap’s outgoing chief strategy officer Imran Khan, who had announced his departure in September.

“I’m proud to have Jeremi and Jared join our team, where they will play an important part in shaping the next chapter for Snap,” CEO Evan Spiegel wrote in an email to Snap employees.

Gorman had been with Amazon for close to seven years, and most recently led the e-commerce giant’s global advertising sales. Before that, she worked in ad sales for Yahoo and Variety.

Grusd had been leading HuffPost as CEO for the past three years. Before that, he worked for four years as Spotify’s general counsel and global head of corporate development. Other previous stints included executive positions at AOL and Google.

In addition to these two executive additions, the company also announced a slate of additional hires on Wednesday:

  • Jean Gonié, director of EU policy (previously director of public policy at Amazon) (started in October)
  • Alston Cheek, director of platform partnerships (previously partnerships manager at Apple) (started in October)
  • Steen Strand, director of product design – Snap Lab (previously COO and president at ICON Aircraft) (started in October)
  • Ted Suh, head of music partnerships (previously VP digital music at ByteDance) (started in August)
  • Kristin Southey, VP of investor relations (previously senior VP of finance and investor relations at Athene) (started in late July)

Snap has been under fire from investors for its inability to grow its user base in the face of ever-growing competition from Facebook. The company lost 3 million daily active users in its most recent quarter, but has seen ad sales accelerate. It’s stock traded below $7 on Wednesday, which translates to a market capitalization of around $8.75 billion.

More Digital

  • Recording Studio

    Cloud-Based Music Mastering Platform Landr Raises $26 Million

    Cloud-based music mastering and distribution platform Landr has raised a $26 million Series B round of funding. The new founding round was led by the Sony Innovation Fund, microphone manufacturer Shure, state-owned financing corporation Investissement Québec and Fonds de solidarité FTQ. Warner Music, Plus Eight Equity Partners, Slaight Communications, YUL Ventures and PEAK Capital Partners [...]

  • NBC News - Quibi

    NBC News to Produce Two Daily Shows for Jeffrey Katzenberg’s Quibi

    NBC News has joined Quibi’s ambitious bid to build a mobile subscription TV service. NBCUniversal’s news division plans to build a custom set at 30 Rock where it will produce daily morning and evening newscasts, seven days per week, for Quibi, the well-funded mobile video startup from chairman Jeffrey Katzenberg and CEO Meg Whitman. The [...]

  • patreon logo

    Patreon Raises $60 Million in New Funding

    Membership services startup Patreon just got a major cash infusion: The company announced Tuesday that it has raised a $60 million Series D round of funding led by Glade Brook Capital. Existing investors Thrive Capital, Initialized, Index Ventures, DFJ, Freestyle Capital, Charles River Ventures and Otherwise participated in the funding round as well, which brings [...]

  • Picture shows: MAKING OF - Underwater

    Netflix Orders 'Oceans' Natural History Series From 'Blue Planet II' Creator

    Netflix has ordered a multi-part natural history series on the world’s oceans from Freeborne Media, the production outfit of acclaimed natural-history producer James Honeyborne, who created “Blue Planet II.” Each of the series’ episodes will focus on a different ocean, “combining the disciplines of oceanography, geography and earth sciences to experience these characteristics in new [...]

  • Netflix-logo-N-icon

    Netflix Adds Five Original Series to India Slate

    Streaming giant Netflix has added five originals across genres to its India series slate. “Bombay Begums”, created, written and directed by Alankrita Shrivastava (“Lipstick Under My Burkha”), will follow the varied journeys of five women who bond in contemporary urban India. The series is executive produced by Chernin Entertainment (“The Greatest Showman”) and EndemolShine India [...]

More From Our Brands

Access exclusive content