- Shou Zi Chew is TikTok’s CEO and the CFO of its guardian enterprise, Bytedance.
- He is 39 many years previous, went to Harvard Company University, and interned at Fb when it was a startup.
- Here’s what else you need to have to know about the young tech executive.
TikTok, whose massively popular video clip-sharing system is applied by thousands and thousands throughout the planet, bought a new main executive in May, eight months right after Kevin Mayer walked out.
So who is he?
Shou Zi Chew is 39 decades aged, from Singapore, and has been speculated to it’s possible lead TikTok’s parent company to a blockbuster IPO.
TikTok and Chew did not instantly reply to requests for remark for this tale.
Here’s a rundown on TikTok’s head honcho.
Chew labored for Fb when it was still a startup
He acquired his bachelor’s diploma in economics at the College Faculty London just before heading to Harvard Business enterprise College for his MBA in 2010.
Though a student there, Chew labored for a startup that “was identified as Fb,” he said in a submit on Harvard’s Alumni web site. Fb went public in mid-2012.
Chew achieved his now-spouse, Vivian Kao, by means of electronic mail when they have been both college students at Harvard. They are “a pair who frequently finish each individual other’s sentences,” according to the school’s alumni web page, and have two little ones.
Chew was CFO of Xiaomi just before becoming a member of Bytedance
He became chief financial officer of the Chinese smartphone big, which competes with Apple, in 2015. Chew helped secure important funding and led the organization by its 2018 general public listing, which would turn into just one of the nation’s premier tech IPOs in heritage.
He became Xiaomi’s worldwide business enterprise president in 2019, much too.
Just before signing up for Xiaomi, Chew also worked as an investment banker at Goldman Sachs for two a long time, in accordance to his LinkedIn profile.
He also labored at investment company DST, established by Russian IT billionaire Yuri Milner, for five a long time. It was for the duration of his time there in 2013 that he led a team that became early investors in Bytedance, as the Business enterprise Main and The Impartial documented.
He’s both equally TikTok CEO and CFO of its father or mother corporation, Bytedance
Chew joined Bytedance’s C-suite initial in March, the first individual to fill the position of chief fiscal officer at the media large.
He also grew to become CEO of TikTok in May possibly at the exact time as Vanessa Pappas was named COO. Bytedance founder and CEO Zhang Yiming reported Chew “brings deep expertise of the enterprise and industry, having led a workforce that was amongst our earliest buyers, and obtaining worked in the technologies sector for a ten years.”
Chew’s predecessor, Kevin Mayer, had still left Walt Disney for the posture in Could 2020 and quit just after 3 months as the enterprise confronted tension from lawmakers in excess of security dangers. Some officers were anxious that American consumer data could be shared with the Chinese Communist Party.
Previous President Donald Trump’s administration issued govt orders built to power Bytedance into divesting its TikTok US operations, although absolutely nothing ever occurred — President Joe Biden signed an govt purchase in June that threw out Trump’s proposed bans on the app.
Chew needs to invest in a $64 million dwelling in Singapore, studies say
He’s “in the early phase” of purchasing the bungalow in Singapore’s ritzy 10th district, as the Company Times noted previously this thirty day period. He would have to redevelop the dilapidated household that sits on the 31,800-sq.-foot house.