Snap hires Google ad executive to help improve ad performance


FILE PHOTO: A keyboard is placed in front of a displayed Snapchat logo in this illustration taken February 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Snap Inc, owner of photo messaging app Snapchat, said on Wednesday it has hired a former Google executive to help the tech company improve the performance of its digital ads.

Darshan Kantak, who previously led product management for search ads at Alphabet Inc's Google, joins Snap as senior vice president of revenue product. Before Google, Kantak worked at Facebook-owner Meta Platforms Inc and Microsoft Corp.

Snap is rebuilding its ad sales team after two key leaders left for Netflix Inc last year. Last month, Snap hired Rob Wilk, a longtime Microsoft ad executive, to lead ad sales in the Americas region.

The Santa Monica, California-based company also aims to improve how Snapchat ads can lead to product sales at a time when some advertisers are cutting their marketing budget amid high inflation and concerns about the economy.

Snap said in January that first-quarter revenue could decline as much as 10% due to weaker advertising demand.

Kantak will lead the teams that develop ad formats and also focus on improving how to measure and optimize the effectiveness of Snapchat ads, the company said.

Like other digital ad platforms, Snap has been hurt by privacy changes that Apple rolled out on iPhones in 2021, which made it more difficult for apps to measure how their ads can lead to website visits or sales.

(Reporting by Sheila Dang in Dallas; Editing by Richard Chang)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Bitcoin at record highs, sets sights on $100,000
Ukraine urges gamers not to enter Chernobyl exclusion zone
Kioxia's market value set at $4.9 billion in IPO
Apple readies more conversational Siri in bid to catch up in AI
China’s richest man berates PDD, ByteDance for months of misery
WhatsApp rolling out transcription for voice messages in multiple languages
The sky's the limit for Bluesky
Two decades of Nintendo's top-selling DS console
ChatGPT's Advanced Voice Mode is coming to web browsers
Elon Musk blasts Australia's planned ban on social media for children

Others Also Read