*By Alex Heath* The head of Snapchat’s Spectacles division, Mark Randall, has left the company. Randall, who was Snap Inc.’s vice president of hardware, told employees recently he was leaving to start his own company, according to a memo that was obtained by Cheddar and confirmed by a Snap spokesperson. His departure is the latest in a string of executive resignations during a trying period for Snap, which has largely failed to meet Wall Street’s growth expectations since going public in early 2017. His departure is also the [second leadership change](https://www.businessinsider.com/snapchats-spectacles-hardware-team-hit-with-leadership-shakeup-and-job-cuts-2017-9) in Snap’s hardware division since the company lost [nearly $40 million in unsold inventory](https://www.theverge.com/2017/11/7/16620718/snapchat-spectacles-40-million-lost-failure-unsold-inventory) of its Spectacles camera glasses last year. Randall’s departure is not connected to the release of the second version of Spectacles in April, according to people familiar with the matter. The hardware division, known inside the company as Snap Lab, will now be led by Senior Vice President Jerry Hunter, who oversees all of Snap’s engineering efforts. The secretive Snap Lab group, which has quietly experimented with other camera-equipped hardware like drones, underwent layoffs last year. “When Snap Lab was first established, it made sense for our group to be completely separate from the rest of Snap’s engineering organization,” Randall wrote in the memo announcing his departure two weeks ago. “But from our customers’ perspective, these separations will become less and less distinct over time -- as the pillars of Snapchat, Lens Studio, and Spectacles continue to converge.” Snap CEO Evan Spiegel has said that he sees future versions of Spectacles as core to the company’s work on augmented reality (AR), the nascent technology that overlays virtual objects onto the real world through cameras and computer eyewear. A slightly updated, second version of Spectacles was released a few months ago, and [Cheddar reported in March](https://cheddar.com/videos/exclusive-snap-to-release-new-spectacles-this-year) that Snap is working on a more ambitious third version with AR features and a new design. You can read Randall’s full memo to Snap employees below: > *Hi team,* > *When Snap Lab was first established, it made sense for our group to be completely separate from the rest of Snap’s engineering organization. But from our customers’ perspective, these separations will become less and less distinct over time -- as the pillars of Snapchat, Lens Studio, and Spectacles continue to converge. As a result, we’ve decided to realign the team as a distinct group under Snap’s SVP of Engineering, Jerry Hunter.* > *To best facilitate this transition, I also made the decision that now was the right time for me to leave Snap and focus on growing my own company. Sahil Sharma, VP Hardware Development, will serve as acting lead. The rest of our organizational structure remains the same, and Jerry, Sahil and I are all committed to making sure this is smooth and seamless for all of you.* > *We will be holding an All Hands tomorrow (7/10) at noon in the Grotto area of 606 (calendar invite to follow + questionnaire form), to share more and answer any questions that you may have.* > *While this may feel sudden, please know we have been carefully discussing these decisions at the senior leadership level for several months. I’m confident that this is the right next step -- both for me and for this team. The potential here within this group is huge and the world will be so excited over the next decade to see all of your amazing creations. :)* > *For my own next steps, I’ll be focusing on growing my own company, where I’ll be advising young, private companies, participating in early-stage investing and working on other passion projects.* > *It has been an absolute privilege working alongside this team. I’ve learned an incredible amount, and it has been a truly awesome experience. Please feel free to contact me anytime and I will always be more than happy to assist any of you with anything I can.* > *Mark Randall*

Share:
More In Business
‘Chainsaw Man’ anime film topples Springsteen biopic at the box office
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
Flights to LAX halted due to air traffic controller shortage
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing defense workers on strike in the Midwest turn down latest offer
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
FBI’s NBA probe puts sports betting businesses in the spotlight
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Load More