Kevin Mayer resigned as chief executive of the popular short video app TikTok amid mounting pressure from President Donald Trump’s administration to ban the Chinese-owned app from the United States.
Mayer announced his departure from the company in an internal letter to employees at TikTok and its parent company ByteDance, which was obtained by Business Insider.
“In recent weeks, as the political environment has sharply changed, I have done significant reflection on what the corporate structural changes will require, and what it means for the global role I signed up for,” Mayer wrote in the letter.
“Against this backdrop, and as we expect to reach a resolution very soon, it is with a heavy heart that I wanted to let you all know that I have decided to leave the company.”
Mayer joined TikTok in May as CEO and served as COO of its parent company ByteDance. He was formerly the head of streaming services at Disney.
Mayer clarified in the letter that his “decision has nothing to do with the company, what I see for our future, or the belief I have in what we are building,” adding that ByteDance CEO Zhang Yiming “understands my decision and I thank him for his support on this.”
The former TikTok CEO said he doesn’t foresee the change in executive leadership impacting the “vast majority of work” at the company, nor will it impact the experience of app users, Mayer wrote.
The news of Mayer’s departure was first reported by the Financial Times. Vanessa Pappas, general manager of TikTok, will take over as interim chief in Mayer’s absence, according to the report…. see more
source: businessinsider
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