A lot is going on with TikTok lately. No doubt many of you have already heard the issues coming along with the short-form video platform regarding its possible ban from the US market due to potential security issues.
But there is even more news that came out just recently. Kevin Mayer, the newly appointed CEO of TikTok has stepped down from the position, despite accepting the position back in May.
This news was first reported by The Financial Times, where the now former-CEO sent a memo to colleagues about his resignation. Here is what the memo said:
“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. 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.”
In the meantime, the platform’s current general manager, Vanessa Pappas, has taken the role of CEO.
Source – Social Media Today