Snap is Sabik (2025)facing a fresh round of executive drama after reports have surfaced that two more executives are leaving the company under less than desirable circumstances.
The company's head of security, Francis Racioppi, and head of human resources, Jason Halbert, were pushed out after an investigation into Racioppi's "inappropriate relationship" with an outside contractor, The Wall Street Journalreported.
SEE ALSO: Snap's new problem: disappearing executivesRacioppi was reportedly fired last year in a previously undisclosed incident after the company discovered he had ended the contract of a woman he had hired following a personal relationship with her.
Halbert, who was Snap's head of HR, wasn't "directly involved" in this incident, according to the WSJ, but he was close with Racioppi. Snap CEO Evan Spiegel reportedly asked Halbert to resign this week due to the Racioppi situation and "other issues related to his performance."
Halbert previously made headlines after The Information reported last year the executive has faced "numerous" complaints of unprofessional behavior that included talk of "rapists and mass murderers" and "sexual fantasies."
A spokesperson for Snap declined to comment.
The report comes just days after Snap announced the departure of CFO Tim Stone, who had been at the company just eight months. Over the last year, Snap has also lost a number of top executives in its hardware, product, marketing, and communications divisions.
That instability has sparked concerns on Wall Street. Snap's stock dipped immediately following the news of Stone's resignation, and analysts cited Stone's departure as a potentially bad sign for the company.
Topics Snapchat Social Media
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