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TikTok CEO Kevin Mayer is out after just a few months - CNBC
- TikTok CEO Kevin Mayer is leaving the company, CNBC reports.
- That news comes just a few months after Mayer - then in charge of
streaming at Disney - took the job leading the fast-rising short video
app (and the role of chief operating officer at TikTok parent ByteDance (
BDNCE)).
- At the time, it seemed like a consolation prize after Disney's
succession planning turned to Bob Chapek to take over as CEO from Bob
Iger.
- Mayer's time in business development at Disney led him to heavy
involvement in the company's purchases of Pixar, Marvel Entertainment,
Lucasfilm and most of the Twenty-First Century Fox assets.
- It's a notable move coming in the middle of what looks like a sale of
TikTok's U.S. operations forced by the Trump administration, with
Microsoft
(NASDAQ:MSFT) apparently leading competing outreaches from Oracle (NYSE:
ORCL) and Twitter (NYSE:TWTR).
|Today, 12:40 AM|18 Comments
TikTok CEO Kevin Mayer is out after just a few months - CNBC
- TikTok CEO Kevin Mayer is leaving the company, CNBC reports.
- That news comes just a few months after Mayer - then in charge of
streaming at Disney - took the job leading the fast-rising short video
app (and the role of chief operating officer at TikTok parent ByteDance (
BDNCE)).
- At the time, it seemed like a consolation prize after Disney's
succession planning turned to Bob Chapek to take over as CEO from Bob
Iger.
- Mayer's time in business development at Disney led him to heavy
involvement in the company's purchases of Pixar, Marvel Entertainment,
Lucasfilm and most of the Twenty-First Century Fox assets.
- It's a notable move coming in the middle of what looks like a sale of
TikTok's U.S. operations forced by the Trump administration, with
Microsoft
(NASDAQ:MSFT) apparently leading competing outreaches from Oracle (NYSE:
ORCL) and Twitter (NYSE:TWTR).
|Today, 12:40 AM|18 Comments
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