Close-up photo of Snapchat's mobile app icon on a smartphone.

Tim Stone, a former Amazon executive who became Snap's chief financial officer in May, is leaving the company, Snap announced on Tuesday. No replacement has been named yet.

Why it matters: Although Snap says that Stone's departure is not due to any disagreement between him and the company, he is nonetheless the latest in a string of executive departures over the last couple of years....

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