Zhang Yiming, the storied co-founder of ByteDance, is stepping down from his function because the CEO and passing the torch to Liang Rubo, one other co-founder of the TikTok dad or mum and one of many world’s most dear web juggernauts.
In an internal letter to workers, 38-year-old age Zhang stated he’s making the transition to spend extra time on “long-term technique, company tradition, and social accountability.”
Zhang will work facet by facet with Liang, at the moment ByteDance’s head of human assets and a good friend from his college, over the following six months to make sure a easy transition. Zhang will stay as a member of the board at ByteDance.
Extra to return…