Snap CBO Ajit Mohan To Step Down After Four-Year Stint

Ajit Mohan, former head of Meta India and CEO of Hotstar, has announced his departure as CBO of Snapchat parent company Snap after four years. The changeover is expected to take effect on December 31, 2026. In a LinkedIn post, Mohan cited personal reasons for leaving and expressed his intention to spend more time with his family in Singapore. During his tenure, he had been commuting between New York, Los Angeles, and Singapore, with occasional visits to London, Dubai, and Bengaluru.

Snap stated in its regulatory filing that Mohan's departure was unrelated to disagreements over the company's strategy, management, operations, or financial practices. Instead, he plans to pursue other opportunities. To fill the role, Snap has appointed Ronan Harris, who has been leading the EMEA business since 2022, as the newly created Chief Commercial Officer. Harris will oversee global advertising sales and go-to-market operations and report directly to Snap's cofounder and CEO, Evan Spiegel.

Mohan began his journey at Snap in January 2023 as president of Asia Pacific and was promoted to CBO in February 2025. In this position, he was responsible for expanding Snap's advertising business globally and overseeing revenue products and business operations. Prior to joining Snap, Mohan served as VP and MD at Meta India from 2019 to 2022 and was the founding CEO of Hotstar. He also held leadership roles at Star India, McKinsey, and Arthur D Little.

Snap aims to leverage its extensive user base in India to generate advertising revenue. With over 250 million users in the country, it ranks among the company's largest markets. The advertiser base in India has grown tenfold over the past two years, while the number of consistently spending advertisers has increased threefold. The company has been expanding its advertiser mix to include both new-age, online-first companies and traditional and offline brands.

Snap's strategy in India focuses on the country's large Gen Z population and Snapchat's augmented reality offerings. The company aims to capitalize on the expanding digital advertising market by exploring visual commerce and brand-led AR experiences. As Snap's advertising business continues to grow, the company reported a 19% year-over-year revenue increase to $1.6 billion in the second quarter of 2026, while its monthly active user base reached 971 million.