ByteDance co-founder Zhang Yiming to step down as CEO, cites lack of managerial skills
Shortpedia
Content Team
Image Credit: krASIA
ByteDance's founder Zhang Yiming has announced that he will step down as the chief executive officer (CEO) and will hand over the reins to co-founder and HR head Liang Rubo. In an internal letter on Wednesday, Yiming said he will transition to a new role at the end of 2021, focusing on long-term strategy, corporate culture, and social responsibility.
