Last week, the parent of Snapchat took heat for appearing to pay its only female director, Joanna Coles, far less than her male peers on the company’s board.
Now Snap Inc., as the company is formally known, would like to correct the record. In a footnote to an amended regulatory filing on Thursday, Snap clarifies that Ms. Coles’s previously reported compensation left out a new four-year contract that she signed last month, giving her more stock. READ MORE