Imran Khan is the co-founder and CEO of e-commerce site, Verishop, and the former chief strategy officer of Snap, the parent company of Snapchat.
Khan was born in Bangladesh and moved to the United States in 1996 to attend the University of Denver, where he received his bachelor’s degree in finance and economics.
After graduating, he began his career at a Denver satellite-broadband startup, WildBlue. He then moved to New York, where he landed a research position at JP Morgan. He left JP Morgan in 2011 as managing director, head of global internet and U.S. entertainment equity research.
From there, he went on to Credit Suisse where he served as managing director, head of global internet investment banking. During his time at Credit Suisse, he is credited with a leading role in the $25 billion IPO for Alibaba in 2014. He also worked on the IPOs of companies such as GoDaddy, Box, and Groupon, as well as Chinese companies like Jumei, Toudu, and Weibo.
After leaving Credit Suisse in 2015, Khan joined Snap, managing the company’s corporate strategy, operations, ad sales, and growth. He also had a key role in bringing the company to its IPO, and grew revenue from $0 to $728 million. Khan was also instrumental in receiving significant funding from Alibaba, including a $200 million investment in 2015 and $1.8 billion in 2016.
Khan announced his departure from Snap in 2018, amidst declining users and share prices, however he cited a desire to spend more time with family as a primary driver.
That year, he founded both an investment firm, Proem Group, and an e-commerce platform, Verishop. He co-founded Verishop with his wife, Cate, who previously worked for Amazon, Avon, and L’Oreal. The site sells an array of high-end and up-and-coming brands, and it also highlights “Tastemakers” or influencers who can curate their favorite Verishop items to promote to their fans.
Khan has been recognized by Adweek as one of the “Most Indispensable Executives in Marketing, Media, and Tech” as part of the Adweek 50 List.
He lives in Los Angeles with his wife and their two children.
What is Imran Khan's net worth?
The estimated net worth of Imran Khan is at least $602,800.00 as of November 18th, 2024. Mr. Khan owns 55,000 shares of Snap stock worth more than $602,800 as of December 30th. This net worth approximation does not reflect any other investments that Mr. Khan may own. Learn More about Imran Khan's net worth.
How do I contact Imran Khan?
Has Imran Khan been buying or selling shares of Snap?
Imran Khan has not been actively trading shares of Snap over the course of the past ninety days. Most recently, Imran Khan sold 200,000 shares of the business's stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $6.93, for a transaction totalling $1,386,000.00. Following the completion of the sale, the insider now directly owns 7,791,577 shares of the company's stock, valued at $53,995,628.61. Learn More on Imran Khan's trading history.
Who are Snap's active insiders?
Snap's insider roster includes Derek Andersen (CFO), Joanna Coles (Director), Jeremi Gorman (Insider), Jared Grusd (Insider), Jerry Hunter (VP), Elizabeth Jenkins (Director), Imran Khan (Insider), Mitchell Lasky (Director), Michael Lynton (Director), Rebecca Morrow (CAO), Robert Murphy (CTO), Robert Murphy (CTO), Michael O'Sullivan (General Counsel), Evan Spiegel (Co-Founder, CEO & Director), Timothy Stone (CFO), Lara Sweet (CAO), Poppy Thorpe (Director), and Eric Young (SVP). Learn More on Snap's active insiders.
Are insiders buying or selling shares of Snap?
During the last twelve months, insiders at the sold shares 50 times. They sold a total of 4,788,203 shares worth more than $56,051,796.28. The most recent insider tranaction occured on December, 18th when CFO Derek Andersen sold 17,789 shares worth more than $213,468.00. Insiders at Snap own 22.7% of the company.
Learn More about insider trades at Snap. Information on this page was last updated on 12/18/2024.
