New Delhi: Kevin Meyer, chief executive officer (CEO) of Chinese video sharing app TikTok has resigned. Meyer left the company within three months. In his place, Vanessa Pappas, the company’s general manager in America, has been appointed as the interim CEO of TikTok.
The company sued the Trump administration after President Trump signed an executive order banning TikTok’s transactions in the US. After this development, now Kevin Mayer has announced his resignation. The new executive order of the Trump administration states that if TikTok is to continue business in the US, they must sell it within 90 days and delete all existing data.
Kevin Mayer was Walt Disney’s top streaming executive prior to joining Tittock on June 1. The mayor was also appointed as the chief operating officer of TikTok’s parent company ByteDance. Mayer wrote in a letter, “Political developments have changed very rapidly in the recent few weeks. I have taken an important step in line with the necessary corporate structural changes. ”
TikTok has confirmed in an email statement that Meyer’s role had changed significantly due to the changed political environment in the last few months. ByteDance founder and CEO Zhang Yeming has said in a separate letter that the company is trying to find a solution to this issue as soon as possible in the world, especially in the US and India.
