ByteDance founder Zhang Yiming said to step down as chairman, leave board

ByteDance founder Zhang Yiming said to step down as chairman, leave board

Zhang Yiming, founder and global CEO of ByteDance, poses in Palo Alto, California, U.S., March 4, 2020. Picture taken March 4, 2020. REUTERS/Shannon Stapleton

ByteDance founder Zhang Yiming has stepped down as chairman of the TikTok owner, after saying in May he would step down as CEO, a person with direct knowledge of the matter told Reuters, in the latest shake up at the tech giant.

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