Snopes

Snopes Co-Owners Acquire All Remaining Shares of the Company, Bringing Total Stake to 100%

Retrieved on: 
Friday, September 23, 2022

The relationship with the company started in 2016 when Richmond and Schoentrup, along with three other individuals, acquired a 50% stake in the company.

Key Points: 
  • The relationship with the company started in 2016 when Richmond and Schoentrup, along with three other individuals, acquired a 50% stake in the company.
  • David Mikkelson, who co-founded the company in 1994, held the remaining shares.
  • Effective Sept. 16, Mikkelson stepped down as chief executive officer and stepped down from the Snopes Board of Directors.
  • Richmond, who has served as a board member of Snopes since 2018, has assumed the role of chief executive officer.