advertisement
advertisement
advertisement

At Snap, it’s time to call in the grown-ups

With the prospect of a Snap IPO looming over 2017, Sony CEO Michael Lynton said today that he is stepping down from his post and joining the social media star as chairman of the board. Lynton, an early Snap investor (his wife orchestrated a meeting with the startup after watching her children use the app), has a close relationship with founder and CEO Evan Spiegel. 

Snap Inc., the parent company of Snapchat, is preparing for an IPO this spring. AH