TikTok has a new CEO

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TikTok has a new CEO
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TikTok has finally appointed a new permanent chief executive, eight months after its former leader called it quits as the United States was threatening to ban the app

The company on Friday announced that it had named Shouzi Chew as CEO. He joined the company earlier this year as chief financial officer of ByteDance, TikTok's Chinese owner. He had previously been a top executive at Xiaomi, the Chinese smartphone maker, according to his LinkedIn profile.Vanessa Pappas, who previously served as TikTok's interim head, is moving to the role of chief operating officer of TikTok.

Former US President Donald Trump had sought to clamp down on TikTok over claims that the app poses a national security risk, an assertion that TikTok has previously called unfounded.Mayer resigned just three months into the job, citing the huge shift in"the political environment." The firm then promoted Pappas, who until then had served as general manager of TikTok's US operations from Los Angeles.

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