Snap Inc.’s general counsel Michael O’Sullivan saw his pay package decrease in 2022 for the third consecutive year, according to a securities filing Wednesday.
O’Sullivan earned more than $4.6 million during the last fiscal year, the parent company of social media platform Snapchat disclosed in the filing. That’s down about 15% from the roughly $5.4 million he received a year earlier.
Santa Monica, Calif.-based Snap last year shed 20% of its staff and scaled back investments, one of several major reductions in force to hit the technology sector. The cutbacks reportedly included at least seven Snap lawyers.
The company, ...
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