TikTok CEO Kevin Mayer, who solely started the job on June 1, is heading proper again out the door once more as the company plans a sale beneath strain from the White House.
“In current weeks, as the political surroundings has sharply modified, I’ve carried out important reflection on what the company structural adjustments would require, and what it means for the worldwide function I signed up for,” Mayer wrote in an e mail to TikTok workers late Wednesday. “Against this backdrop, and as we count on to attain a decision very quickly, it’s with a heavy coronary heart that I needed to allow you to all know that I’ve determined to depart the company.”
Mayer praised workers’ efforts, saying that “there isn’t any doubt that the long run [of TikTok] is extremely vivid.” But on the identical time, he added, “I perceive that the function that I signed up for—together with working TikTok globally—will look very completely different as a results of the US Administration’s motion to push for a unload of the US enterprise.”
Until this spring, Mayer was one in all Disney’s high executives, the place he efficiently headed the launch of the Disney+ streaming service. In February, nevertheless, he was unexpectedly handed over to succeed outgoing Disney CEO Bob Iger in favor of Bob Chapek. Three months later he introduced he was leaping ship to TikTok, in a transfer that spawned dozens of tales about TikTok’s meteoric development and its potential to make it massive as a drive in media.
TikTok, in its official assertion on Mayer’s departure, mentioned, “We admire that the political dynamics of the previous few months have considerably modified what the scope of Kevin’s function can be going ahead, and totally respect his choice.”
