Snapchat Hires Pandora Exec As New VP Of Product

As of Monday, Snapchat has a brand new VP of product. the corporate has employed former Pandora VP of product and CTO Tom Conrad, reports Re/code. Conrad spent greater than a decade at Pandora prior to leaving the corporate in 2014. At Snapchat, Conrad will file right away to CEO Evan Spiegel.

Conrad is a very powerful hire for Snapchat, notes Re/code. the corporate is currently in the midst of seeking to scale its consumer base, which stands at a hundred million day by day lively customers now. the company additionally needs to determine a technique to increase its revenues. each of the goals are time consuming and would be a lot of work for any CEO. but now that Conrad is on board overseeing product, it frees Evans to focal point on the business side of issues. Snapchat is currently valued at $sixteen billion and is targeting $300 to $350 million in earnings in 2016, says Re/code.

Neither Conrad nor Snapchat has printed what’s in retailer for the company’s product one day, but Snapchat did unlock a commentary confirming Conrad’s rent. “We’re excited to welcome Tom to the Snapchat team,” the statement mentioned.