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Zhang Yiming to step down as CEO at TikTok's parent company ByteDance

ByteDance on Thursday announced that its global CEO Zhang Yiming will be stepping down from his role. Appointed Co-Founder and Human Resource Chief, Liang Rubo will take his place. 

Yiming's resignation comes close on the heels of other rejigs within the company when Shou Zi Chew, the CFO was renamed the CEO of TikTok. 

His resignation follows an internal executive shake-up in April when Shou Zi Chew, ByteDance’s chief financial officer, was named CEO of TikTok Singapore. 

Last week, Nikhil Gandhi, the erstwhile TikTok India CEO and recently redesignated head for ME, Africa, Turkey & South Asia, reportedly quit the ByteDance-owned video platform.




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