Snap CEO's AR Vision: Top Exec Out Over Strategy Clash?

Snap has announced plans to release its augmented reality glasses, Specs, later this year. However, the project's momentum has been impacted by the recent departure of its Senior Vice President of Specs, Scott Myers. Reports indicate Myers left following a significant dispute with Snap CEO Evan Spiegel.

A Snap spokesperson confirmed Myers "decided to step down" but disputed characterizations of a "blow-up," stating the company wishes him well. The spokesperson reiterated Snap's commitment to launching Specs and fostering long-term value for its partners and shareholders.

The exact nature of the strategic disagreement remains undisclosed. Myers, who joined Snap in 2020, previously held positions at SpaceX, Apple, and Nokia. The development of Specs has been described as a "new paradigm" with challenges in achieving an ideal form factor for user comfort.

In January, Snap established Specs Inc. as a distinct subsidiary to enhance operational focus on the AR hardware. The company is proceeding with its plans to bring the AR glasses to market later this year, signaling continued dedication to the product's future.