Derek Andersen net worth and biography

Derek Andersen Biography and Net Worth

CFO of Snap

Derek Andersen is the chief financial officer of Snap, the parent company of Snapchat. He has been in the role since 2019, having previously served as VP of finance since 2018. In the VP position, Andersen played a key role in spearheading the development and implementation of best practices across Snap’s finance and reporting functions. 

Prior to Snap, Andersen held various finance roles at Amazon between 2011 to 2018, including VP of finance, where he focused on the company’s digital video business. Previously, he held positions at Fox Interactive Media, including SVP of finance and business operations for IGN, and VP of finance.

Andersen earned his bachelor’s of business administration from Acadia University and his M.B.A from the Haas School of Business at the University of California, Berkeley. Additionally, he holds a chartered financial analyst (CFA) designation.

What is Derek Andersen's net worth?

The estimated net worth of Derek Andersen is at least $10.66 million as of November 15th, 2022. Mr. Andersen owns 1,034,333 shares of Snap stock worth more than $10,663,973 as of December 1st. This net worth approximation does not reflect any other investments that Mr. Andersen may own. Additionally, Mr. Andersen receives a salary of $739,360.00 as CFO at Snap. Learn More about Derek Andersen's net worth.

How old is Derek Andersen?

Mr. Andersen is currently 43 years old. There are 6 older executives and no younger executives at Snap. The oldest executive at Snap is Mr. Jerry James Hunter, Chief Operating Officer, who is 57 years old. Learn More on Derek Andersen's age.

What is Derek Andersen's salary?

As the CFO of Snap Inc., Mr. Andersen earned a total compensation package of $6,616,178.00 in 2021. Mr. Andersen earned a salary of $500,000.00, stock awards of $5,876,814.00, non-equity compensation of $225,000.00, and other compensation of $14,364.00.There are 2 executives that earn more than Mr. Andersen. The highest earning executive at Snap is Mr. Evan T. Spiegel, Co-Founder, CEO & Director, who commands a salary of $3,290,000.00 per year. Learn More on Derek Andersen's salary.

How do I contact Derek Andersen?

The corporate mailing address for Mr. Andersen and other Snap executives is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. Snap can also be reached via phone at (310) 399-3339 and via email at [email protected] Learn More on Derek Andersen's contact information.

Has Derek Andersen been buying or selling shares of Snap?

Over the course of the past ninety days, Derek Andersen has sold $24,216.28 of Snap stock. Most recently, Derek Andersen sold 1,716 shares of the business's stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $11.78, for a transaction totalling $20,214.48. Following the completion of the sale, the chief financial officer now directly owns 1,034,333 shares of the company's stock, valued at $12,184,442.74. Learn More on Derek Andersen'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), 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 (CEO), Timothy Stone (CFO), Lara Sweet (CAO), and Poppy Thorpe (Director). 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 55 times. They sold a total of 5,357,463 shares worth more than $116,472,790.54. The most recent insider tranaction occured on November, 16th when COO Jerry James Hunter sold 64,673 shares worth more than $722,397.41. Insiders at Snap own 22.7 % of the company. Learn More about insider trades at Snap.

Information on this page was last updated on 11/16/2022.

Derek Andersen Insider Trading History at Snap

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/15/2022Sell1,716$11.78$20,214.481,034,333View SEC Filing Icon  
10/17/2022Sell374$10.70$4,001.801,036,049View SEC Filing Icon  
9/15/2022Sell5,160$11.43$58,978.801,064,916View SEC Filing Icon  
8/15/2022Sell3,276$11.61$38,034.361,087,282View SEC Filing Icon  
7/18/2022Sell8,316$14.02$116,590.321,090,558View SEC Filing Icon  
7/15/2022Sell1,622$13.53$21,945.661,098,874View SEC Filing Icon  
6/15/2022Sell6,718$11.91$80,011.381,138,505View SEC Filing Icon  
5/16/2022Sell26,093$23.87$622,839.911,145,223View SEC Filing Icon  
4/18/2022Sell12,844$32.55$418,072.201,093,486View SEC Filing Icon  
3/15/2022Sell15,773$28.92$456,155.16View SEC Filing Icon  
2/15/2022Sell8,185$40.28$329,691.80View SEC Filing Icon  
1/18/2022Sell13,297$36.21$481,484.37View SEC Filing Icon  
12/15/2021Sell15,773$46.03$726,031.19View SEC Filing Icon  
11/15/2021Sell4,055$54.36$220,429.80View SEC Filing Icon  
10/18/2021Sell8,874$74.44$660,580.56View SEC Filing Icon  
10/15/2021Sell4,055$76.76$311,261.80View SEC Filing Icon  
9/15/2021Sell15,773$70.80$1,116,728.40View SEC Filing Icon  
8/16/2021Sell13,070$71.75$937,772.501,187,261View SEC Filing Icon  
7/15/2021Sell4,054$61.81$250,577.741,200,118View SEC Filing Icon  
6/15/2021Sell18,928$63.20$1,196,249.601,237,749View SEC Filing Icon  
5/17/2021Sell13,406$52.87$708,775.221,265,218View SEC Filing Icon  
4/15/2021Sell4,865$62.62$304,646.301,278,873View SEC Filing Icon  
1/19/2021Sell8,662$50.43$436,824.661,263,120View SEC Filing Icon  
1/15/2021Sell5,676$50.50$286,638.001,263,120View SEC Filing Icon  
12/15/2020Sell23,659$51.80$1,225,536.201,301,960View SEC Filing Icon  
11/16/2020Sell64,630$39.21$2,534,142.301,381,701View SEC Filing Icon  
10/15/2020Sell6,082$27.05$164,518.101,398,715View SEC Filing Icon  
9/15/2020Sell23,659$24.39$577,043.011,442,628View SEC Filing Icon  
8/17/2020Sell14,731$21.59$318,042.291,474,936View SEC Filing Icon  
7/16/2020Sell8,683$24.14$209,607.621,481,018View SEC Filing Icon  
6/17/2020Sell80,128$21.21$1,699,514.881,534,829View SEC Filing Icon  
5/18/2020Sell8,284$17.63$146,046.921,573,072View SEC Filing Icon  
4/16/2020Sell8,542$13.58$116,000.361,584,599View SEC Filing Icon  
3/16/2020Sell39,801$9.47$376,915.471,593,141View SEC Filing Icon  
2/20/2020Sell3,243$17.09$55,422.871,644,859View SEC Filing Icon  
2/18/2020Sell8,674$17.29$149,973.461,644,859View SEC Filing Icon  
1/16/2020Sell8,873$18.25$161,932.251,314,528View SEC Filing Icon  
12/18/2019Sell12,618$15.07$190,153.261,336,019View SEC Filing Icon  
12/16/2019Sell35,235$15.11$532,400.851,336,019View SEC Filing Icon  
11/18/2019Sell8,194$14.53$119,058.821,374,497View SEC Filing Icon  
10/16/2019Sell8,667$13.87$120,211.291,385,934View SEC Filing Icon  
9/18/2019Sell12,618$16.70$210,720.601,427,219View SEC Filing Icon  
9/16/2019Sell31,959$15.66$500,477.941,427,219View SEC Filing Icon  
8/19/2019Sell34,570$16.02$553,811.401,485,272View SEC Filing Icon  
8/16/2019Sell8,476$16.11$136,548.361,485,272View SEC Filing Icon  
7/16/2019Sell8,136$15.32$124,643.521,493,748View SEC Filing Icon  
6/17/2019Sell49,291$13.77$678,737.071,501,884View SEC Filing Icon  
5/30/2019Sell9,000$12.00$108,000.001,551,175View SEC Filing Icon  
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Derek Andersen Buying and Selling Activity at Snap

This chart shows Derek Andersen's buying and selling at Snap by year and by quarter.

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Snap Company Overview

Snap logo
Snap Inc. operates as a camera company in North America, Europe, and internationally. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, story ads, collection ads, dynamic ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
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Today's Range

Now: $10.58
Low: $10.26
High: $11.07

50 Day Range

MA: $10.24
Low: $7.76
High: $11.78

2 Week Range

Now: $10.58
Low: $7.33
High: $54.89

Volume

633,419 shs

Average Volume

30,218,044 shs

Market Capitalization

$17.07 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.94