TikTok has a new CEO - News Summed Up

TikTok has a new CEO


Hong Kong (CNN Business) TikTok has finally appointed a new permanent chief executive, eight months after its former leader called it quits as the United States was threatening to ban the app. The company on Friday announced that it had named Shouzi Chew as CEO. He joined the company earlier this year as chief financial officer of ByteDance, TikTok's Chinese owner. He had previously been a top executive at Xiaomi, the Chinese smartphone maker, according to his LinkedIn profile. Vanessa Pappas, who previously served as TikTok's interim head , is moving to the role of chief operating officer of TikTok.


Source: CNN May 03, 2021 06:33 UTC



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