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ByteDance staff and investors have been amazed as the creator has stepped back

ByteDance staff and investors have been amazed as the creator has stepped back Zhang Yiming said he discussed resigning as CEO of ByteDance in March, but said he was caught off guard by an initial $ 200 billion investor. After a tumultuous year, the 38-year-old founder has announced that he will hand over the duties to his CEO on Thursday to step down from staff, even as his company is preparing for a public start-up. While in his letter he said he was not so interested in “really managing people”, Zhang was the only CEO of ByteDance, and TikTok built a company with a viral video application to become a global challenge. To Facebook and Tencent.

ByteDance founder to step down as CEO, hand over to college roommate

ByteDance founder to step down as CEO, hand over to college roommate By Echo Wang and Yingzhi Yang Reuters (Reuters) - Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of Big Tech regulations worldwide to college roommate, long-time colleague and current human resources head Liang Rubo. In an employee memo on Thursday - first reported by Reuters and later disclosed by the firm - Zhang said the change would enable me to have greater impact on longer-term initiatives . He will move to a key strategy position at the end of the year, ByteDance said in a statement.

I m not very social : ByteDance founder to hand CEO reins to college roommate

I m not very social : ByteDance founder to hand CEO reins to college roommate Toggle share menu Advertisement 20 May 2021 07:35PM Share this content Bookmark REUTERS: Zhang Yiming announced he will step down as CEO of TikTok-owner ByteDance, saying he lacked the social skills to be an ideal manager and naming his college roommate Liang Rubo as his successor to navigate a rising tide of Big Tech regulations. In a surprise announcement to employees on Thursday, first reported by Reuters and later disclosed by the company, Zhang said the change would enable him to have greater impact on longer-term initiatives . He will move to a key strategy position at the end of the year, ByteDance said.

ByteDance CEO steps down, chooses college roommate as successor

ByteDance CEO steps down, chooses college roommate as successor
aljazeera.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aljazeera.com Daily Mail and Mail on Sunday newspapers.

I m not very social : ByteDance founder to hand CEO reins to college roommate

I m not very social : ByteDance founder to hand CEO reins to college roommate
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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