TikTok CEO Kevin Mayer has reportedly quit. General manager Vanessa Pappas will be taking over from Mayer on an interim basis.
An internal memo says that Mayer's resignation was precipitated by widespread setbacks faced by the company. His resignation comes days after TikTok announced its intentions to sue the Trump government for banning the platform's transactions in the USA.
The video-sharing platform has been facing a lot of pressure from the US government over privacy issues concerning user data. President Donald Trump has signed executive orders, demanding that TikTok either sell its US arm to an American country or face a complete ban. There were talks of Microsoft, Netflix, Twitter and Oracle arranging meetings with TikTok's parent company ByteDance.
Mayer in his communication reportedly said the changing "political environment" has prompted him to reflect on the requisite corporate structural changes in the organisation. He joined TikTok in May this year, after helming direct-to-consumer content at Disney. Mayer played a big role in the launch of Disney Plus and some of the company's key acquisitions like Marvel Entertainment.