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Wednesday 26 August 2020

TikTok chief executive Kevin Mayer resigns after Trump call to sell US assets

In a letter to staff Meyer cited a ‘sharply changed’ political environment, after Donald Trump ordered ByteDance to sell up within 90 days

Tik Tok’s chief executive, Kevin Mayer, has quit just months after his appointment, amid a “sharply changed” political environment after Donald Trump accused the platform of threatening national security.

The Financial Times reported on Thursday that the former Disney executive would be replaced in the interim by Vanessa Pappas, the general manager. In a letter to staff, parts of which have been seen by the Guardian, Mayer said he had decided to leave after Trump ordered TikTok’s parent company, ByteDance, to sell its US assets to a US company within 90 days.

“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,” the letter said.

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from The Guardian https://ift.tt/31xwVTK

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