TikTok interim head Vanessa Pappas will become COO of the red-hot mobile video app.
TikTok has a new CEO.
The red-hot mobile video app has named Shouzi Chew, the CFO of parent company ByteDance, as its new CEO. Chew will also continue to serve as CFO of the parent company. Vanessa Pappas, who had been the interim head of TikTok, will shift to a new role as COO of the company.
“The leadership team of Shou and Vanessa sets the stage for sustained growth,” said Yiming Zhang, founder and CEO of ByteDance, in a statement announcing the new leadership team. “Shou brings deep knowledge of the company and industry, having led a team that was among our earliest investors, and having worked in the technology sector for a decade. He will add depth to the team, focusing on areas including corporate governance and long-term business initiatives.”