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On November 4, 2021, Zhang stepped down as CEO of ByteDance, completing a leadership handover announced in May 2021. According to Reuters, Zhang maintains over 50 percent of ByteDance's voting rights.
Zhang Yiming was ByteDance's chairman and CEO from its founding in 2012 until 2021, when co-founder Liang Rubo took over as CEO. On 19 May 2020, ByteDance and Disney released an announcement that Kevin Mayer, head of Disney's streaming business, would join ByteDance.
May 20, 2021 · Zhang Yiming built ByteDance into one of the biggest names in Chinese tech. Now he’s stepping down as CEO at just 38 years old, becoming the latest young tech entrepreneur in China to quit...
4 days ago · Zhang Yiming is the main founder of Chinese tech giant ByteDance, best known for its insanely popular app TikTok, which has more than 1 billion users worldwide.
- Founder
May 20, 2021 · Zhang Yiming, who co-founded ByteDance in 2012 and led it to become the world’s most valuable startup, says he lacks some skills for management. He will move to another role at the company, while Liang Rubo, who runs HR, will become the new CEO.
- Sam Byford
May 20, 2021 · Zhang Yiming, the 38-year-old founder and CEO of TikTok’s parent company, Bytedance, announced plans on Wednesday to step down from his role as head of the roughly $400 billion tech...
May 20, 2021 · Zhang Yiming, co-founder of ByteDance, will move into a new role at the end of 2021 after facing a national security threat from the U.S. government. Liang Rubo, another co-founder and head of human resources, will become the global CEO of the company that owns TikTok.
