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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. ....

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'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
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20 May 2021 07:35PM
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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. ....

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'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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