I m not very social : ByteDance founder to hand CEO reins to college roommate Toggle share menu
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20 May 2021 07:35PM Share this content
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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
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I m not very social : ByteDance founder to hand CEO reins to college roommate
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