Snap Inc. faces fresh turmoil in its executive suite. Derek Andersen, the company's chief financial officer since 2019, notified Snap on April 17, 2026, that he would leave for a new professional opportunity. His last day comes May 8. The departure, detailed in an SEC 8-K filing dated April 20, follows just days after Snap axed 16% of its workforce—about 1,000 jobs—to chase profitability through artificial intelligence. Andersen confirmed no disagreements over accounting, strategy, or operations drove his exit. SEC filing . Smooth transition, supposedly. But timing raises eyebrows. Snap announced the layoffs April 15. CEO Evan Spiegel, in a staff memo, blamed AI efficiencies for enabling faster work and less repetition. The cuts, plus closing 300 open roles, aim to slash annual costs by over $500 million by late 2026. Shares jumped 7% that day. Investors cheered the belt-tightening. Yet Andersen's move just two days later—right before Q1 earnings on May 6—hints at deeper strains. CNBC .…