Summary by Moomoo AI
On July 22, 2024, Snap Inc held its annual meeting of stockholders where significant changes to the company's board of directors were enacted. Shareholders with over 99% of the voting power, holding 231,626,943 shares of Class C common stock, utilized written consent to remove the existing board members. Subsequently, they elected a new board consisting of Evan Spiegel, Robert Murphy, Michael Lynton, Kelly Coffey, Joanna Coles, Liz Jenkins, Scott D. Miller, Patrick Spence, Poppy Thorpe, and Fidel Vargas. These individuals are set to serve until the next annual meeting or until their earlier departure. In the same action, the audit committee's selection of Ernst & Young LLP as the independent registered accounting firm for the fiscal year ending December 31, 2024, was ratified. The report was officially signed by Michael O’Sullivan on July 24, 2024.