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ByteDance co-founder Zhang Yiming says he's stepping down as CEO to “daydream about what may be possible”; co-founder and HR head Liang Rubo will become new CEO

(Reuters) -Zhang Yiming, co-founder of TikTok owner ByteDance, told employees of the Chinese technology giant … Source: ByteDance .

Reuters Echo Wang

Discussion

  • @juliey4 Julie Young on x
    god this letter is just exceptional and such an interesting narrative violation: Yiming is stepping down so he can have more time to focus on new ideas: “I worry that I am still relying too much on the ideas I had before starting the company” https://bytedance.com/...
  • @jim_edwards Jim Edwards on x
    TikTok boss Zhang Yiming steps down as CEO, saying he's not an ‘ideal manager’. “Similarly, I'm not very social, preferring solitary activities like being online, reading, listening to music, and contemplating what may be possible,” he added. https://www.businessinsider.com/ ...
  • @techinsider @techinsider on x
    TikTok owner Bytedance's cofounder Zhang Yiming steps down as CEO, saying he's not an ‘ideal manager’ https://www.businessinsider.com/ ...
  • @mhbergen Mark Bergen on x
    New chief of world's most valuable startup is ...its head of HR? https://www.reuters.com/...
  • @loudmouthjulia Julia Alexander on x
    Big leadership changes at ByteDance and TikTok (part of ByteDance) over the last few weeks. https://twitter.com/...
  • @matthuang Matt Huang on x
    One of the most formidable founders of our age. Congrats Yiming on the new role! https://bytedance.com/...
  • @kennedycsis Scott Kennedy on x
    Are China's leaders making the country's policy/political environment too toxic for corporate innovators? https://www.reuters.com/...
  • @ruima @ruima on x
    Woah Zhang Yiming steps down as ByteDance CEO giving it to cofounder and HR head Liang Rubo also his classmate from college saying that he's not that social and not suited to managing people. https://uk.sports.yahoo.com/ ...
  • @pelstrom Peter Elstrom on x
    Bytedance founder Zhang Yiming explains why he's giving up the CEO role: “I worry that I am still relying too much on the ideas I had before starting the company, and haven't challenged myself by updating those concepts.” https://bytedance.com/...
  • @kenli729 Kenneth Li on x
    Another @DEER_ECHO_ scoop: EXCLUSIVE ByteDance co-founder Zhang Yiming to step down as CEO (the human resources guy and co-founder is taking over). https://www.reuters.com/...
  • @sairee Sairee Chahal on x
    “Why, sometimes I've believed as many as six impossible things before breakfast.” “I like to think about possibilities that are still just that: possibilities.” Bytedance founder steps away as CEO to do 'strategic thinking" https://bytedance.com/...