Months after becoming the Chief Executive Officer of the Chinese short video app, Kevin Mayer has stepped down as the CEO.
Months after becoming the Chief Executive Officer of the Chinese short video app, Kevin Mayer has stepped down as the TikTok CEO. As per reports, Mayer’s decision to quit came in the wake of US President Donal Trump’s order to close down the Chinese app within 90 days for allegedly being a threat to the country’s national security. TikTok’s general manager Vanessa Pappas has taken over as the CEO on an interim basis. As per Financial Times, Mayer had written a letter to his employees informing them about his decision to quit the Bytedance-owned company. Mayer decided to quit after Trump threatened to ban TikTok in the US within 90 days if the US operations of the Bytedance-owned app is not sold to a domestic company. “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.
