TikTok announced a brand new CEO and COO Friday, eight months after the last chief executive, former Disney head of loading Kevin Mayer, stepped down. In a move that TikTok’s Chinese parent company, ByteDance, categorized as being a strategic reorganization, current ByteDance Chief Financial Officer Shouzi Chew may continue in this position whilst also assuming the function of TikTok chief, plus interim TikTok CEO Vanessa Pappas will transfer to the placement of chief operating official.
The appointments come right after a turbulent year for your popular video sharing service. In his letter associated with resignation after only 3 months at the helm, previous CEO Mayer cited since a reason behind his departure then-US President Donald Trump’s threat to prohibit TikTok unless it had been sold to a US-based company.
Cut through the particular chatter
Subscribe to ‘s Mobile newsletter for the most recent phone news and testimonials.
Shouzi will continue in order to work out of their home office in Singapore, while Pappas is arranged to remain in Los Angeles. “The TikTok journey is definitely just beginning,” stated Pappas, according to the particular press release.