TikTok gets new CEO

TikTok announced Friday that Shou Zi Chew, parent company ByteDance’s chief financial officer, will be the short-form video app’s new CEO.

Chew, who joined ByteDance last month, will stay on in his role at the Chinese company.

TikTok also announced that Vanessa Pappas will be the new chief operating officer after having served as the interim head since Kevin Mayer departed last year.

“The leadership team of Shou and Vanessa sets the stage for sustained growth,” ByteDance founder and CEO Zhang Yiming said in a statement.