Days after Snap When his CFO’s departure was announced, reports surfaced that the company’s head of human resources was asked to leave after an internal investigation late last year that had led to the firing of its global security chief.
The Wall Street Journal reports that Snap fired global security chief Francis Racioppi late last year after an investigation found that he had had an inappropriate relationship with an outside contractor he had hired. After the relationship ended, Racioppi terminated the woman’s contract, the report says.
Racioppi denied any irregularity in a comment to the newspaper. A Cheddar report also adds that one of Racioppi’s assistants was fired for helping in an attempt to cover up the scandal.
The investigation’s findings allegedly contributed to CEO Evan Spiegel asking the company’s head of human resources, Jason Halbert, to resign. Halbert announced his plans to leave the company this week.
While today’s news includes two high-profile executive departures to a single incident, Snap’s executive team appears to have lost talent from their ranks at an accelerating rate.
Snap did not comment on the reports.