The firm on Friday introduced that it had named Shouzi Chew as CEO. He joined the corporate earlier this yr as chief monetary officer of ByteDance, TikTok’s Chinese proprietor. He had beforehand been a high govt at Xiaomi, the Chinese smartphone maker, in response to his LinkedIn profile.
“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.”
Chew relies in his hometown of Singapore, suggesting that the corporate not feels it wants a US-based chief.
Pappas instructed NCS Business in a assertion earlier this yr that she was targeted on the app’s person expertise — and easily “reminding folks that we have a path forward.”
In current months, the corporate has largely stayed out of the highlight, with little motion since US President Joe Biden took workplace.
Policymakers’ chief fear final yr was that ByteDance could possibly be compelled at hand over TikTok’s information on US customers to the Chinese authorities, beneath the nation’s nationwide safety legal guidelines.
TikTok, for its half, has stated that it shops American person information on US-based servers, with a backup in Singapore, and that its information is not topic to Chinese regulation. But skeptics argue that TikTok’s father or mother, ByteDance, is in the end a Chinese enterprise that is nonetheless beholden to Beijing.
TikTok declined to touch upon the Biden administration’s request in February, however was not opposing the federal government’s movement, in response to a court docket submitting.
— Brian Fung contributed to this report.