Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2026, our board of directors approved an increase to the size of the board from twelve to thirteen members and appointed Luke Wood to fill the newly created vacancy. Mr.…
Filed May 20, 2026Accepted May 20, 2026, 5:05 PM EDTCIK 1564408Accession 0001193125-26-232814
Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 20, 2026, our board of directors approved an increase to the size of the board from twelve to thirteen members and appointed Luke Wood to fill the newly created vacancy. Mr. Wood will serve until the earlier of (a) the next annual meeting of our stockholders, (b) the effectiveness of the next action by written consent of stockholders in lieu of an annual meeting, and (c) his death, resignation, or removal. Mr. Wood has not been appointed to serve on any committees of the board of directors.
Mr. Wood, age 57, is a co-founder and has served as the Chief Executive Officer of Violet St Holdings, LLC since September 2022. From August 2014 to April 2020, Mr. Wood served as President of Beats by Dr. Dre, and as a Vice President at Apple Inc. following Apple’s acquisition of Beats. Prior to that, Mr. Wood served as President of Beats by Dr. Dre from February 2011 to August 2014. Previously, Mr. Wood held various leadership positions at Interscope Geffen A&M and imprint DGC Records. Mr. Wood currently serves as a member of the board of directors of Fender Musical Instruments Corp. Mr. Wood holds a B.A. in American Studies from Wesleyan University.
There are no family relationships between Mr. Wood and any of our directors or executive officers, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Further, there is no arrangement or understanding between Mr. Wood and any other persons or entities pursuant to which Mr. Wood was appointed as a director.
Mr. Wood will be compensated as a member of our board of directors under the terms of our Non-Employee Director Compensation Policy.
Filed exhibits (1)
EX-99.1 (by filename) d100806dex991.htm
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d100806dex991.htm
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Exhibit 99.1
BusinessWire Press Release
Luke Wood Joins Snap Inc.
Board of Directors
Wednesday, May 20, 2026 - 2:00PM PT
SANTA MONICA, Calif. - (BUSINESS WIRE) - Snap Inc. (NYSE: SNAP) announced today that Luke Wood, former President of Beats by Dr. Dre and Vice
President at Apple Inc., has been appointed to the company’s board of directors, effective as of May 20, 2026.
“We are excited to
welcome Luke to Snap’s board,” said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. “Luke has helped build and scale iconic products and brands at the intersection of
technology and culture, and we look forward to benefiting from his insights.”
“Luke’s creative and operating experience will bring a
valuable perspective to our board,” said Michael Lynton, Chairperson of the board of directors of Snap Inc. “We are pleased to welcome him and look forward to his contributions in the years ahead.”
“I’m thrilled to join Snap’s board at such an exciting time for the company,” said Wood. “Snap has a strong track record of
innovation, and I look forward to working with Evan, Michael, and the other directors.”
Mr. Wood, age 57, is a…