Stock Market News

TikTok COO Pappas quits after five years in the role

2023.06.22 21:12


© Reuters. FILE PHOTO: A smartphone with a displayed TikTok logo is placed on a computer motherboard in this illustration taken February 23, 2023. REUTERS/Dado Ruvic/Illustration

(Reuters) -TikTok Chief Operating Officer V. Pappas is stepping down after five years with the short-video company owned by China’s ByteDance, according to an email seen by Reuters on Thursday.

In an email to staff, Pappas said they would be taking on an advisory role for the company during the transition.

“Given all the successes reached at TikTok, I finally feel the time is right to move on and refocus on my entrepreneurial passions,” said Pappas, who uses the pronoun they.

ByteDance Chief Executive Shou Chew also announced Thursday in a memo to employees shared with Reuters that Zenia Mucha, previously a 20-year veteran at Walt Disney (NYSE:) Co, will join TikTok as chief brand and communications officer.

Adam Presser, TikTok’s chief of staff, will become head of operations and oversee content, user operations and distribution, Chew said.

TikTok has faced scrutiny worldwide over security concerns due to its Chinese ownership.

U.S. lawmakers last week introduced new legislation to protect Americans’ user data from being used by U.S. adversaries.

Last month, TikTok sued Montana after it became the first state to ban the app state-wide.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 69,646.66 0.20%
ethereum
Ethereum (ETH) $ 2,503.41 0.24%
tether
Tether (USDT) $ 0.99985 0.02%
bnb
BNB (BNB) $ 575.93 0.40%
solana
Solana (SOL) $ 166.88 0.07%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.512743 1.93%
staked-ether
Lido Staked Ether (STETH) $ 2,502.48 0.26%
dogecoin
Dogecoin (DOGE) $ 0.160108 1.00%
tron
TRON (TRX) $ 0.167457 0.10%
cardano
Cardano (ADA) $ 0.357936 3.07%
the-open-network
Toncoin (TON) $ 4.94 1.53%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,958.73 0.08%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 1.76%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 69,428.60 0.11%
avalanche-2
Avalanche (AVAX) $ 24.76 0.76%
weth
WETH (WETH) $ 2,502.56 0.31%
chainlink
Chainlink (LINK) $ 11.25 0.74%
bitcoin-cash
Bitcoin Cash (BCH) $ 348.44 0.11%
usds
USDS (USDS) $ 1.00 0.94%
leo-token
LEO Token (LEO) $ 6.08 0.43%
polkadot
Polkadot (DOT) $ 3.92 0.71%
sui
Sui (SUI) $ 1.94 0.34%
litecoin
Litecoin (LTC) $ 70.72 2.89%
near
NEAR Protocol (NEAR) $ 3.96 0.58%
aptos
Aptos (APT) $ 8.77 1.80%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,630.66 0.34%
uniswap
Uniswap (UNI) $ 7.48 4.07%
pepe
Pepe (PEPE) $ 0.000009 1.12%
internet-computer
Internet Computer (ICP) $ 7.82 0.83%
bittensor
Bittensor (TAO) $ 456.79 1.44%
dai
Dai (DAI) $ 1.00 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.21 3.56%
kaspa
Kaspa (KAS) $ 0.116231 1.54%
monero
Monero (XMR) $ 156.42 1.88%
stellar
Stellar (XLM) $ 0.092673 0.60%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
ethereum-classic
Ethereum Classic (ETC) $ 18.43 0.28%
whitebit
WhiteBIT Coin (WBT) $ 18.98 0.10%
first-digital-usd
First Digital USD (FDUSD) $ 0.998959 0.18%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.317547 0.12%
blockstack
Stacks (STX) $ 1.60 0.01%
okb
OKB (OKB) $ 38.18 0.26%
dogwifcoin
dogwifhat (WIF) $ 2.21 3.98%
aave
Aave (AAVE) $ 141.92 0.87%
filecoin
Filecoin (FIL) $ 3.48 0.44%
arbitrum
Arbitrum (ARB) $ 0.519631 1.90%
crypto-com-chain
Cronos (CRO) $ 0.073212 0.16%
mantle
Mantle (MNT) $ 0.578185 0.70%
optimism
Optimism (OP) $ 1.51 5.70%