#TikTok CEO Kevin Mayer #Resigns

Los Angeles, CA (Variety) — Kevin Mayer has stepped down as CEO of TikTok, just months after taking the job and after recent pressure by President Trump over the app's security, Variety has confirmed.

Mayer sent a letter to TikTok and ByteDance employees on Wednesday night, announcing his decision.

“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,” Mayer said in the letter. “I understand that the role that I signed up for — including running TikTok globally — will look very different as a result of the US administration's action to push for a sell-off of the U.S. business.”

Mayer's exit comes just weeks after President Trump signed an executive order to ban TikTok unless its parent company ByteDance sold its U.S. assets to an American company within 90 days. Microsoft is in talks to buy the short-form video app, while other … Jordan Moreau/@Variety

Source: Variety, full story


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