TikTok CEO Kevin Mayer resigned just three months after joining, and only days since the firm sued the Trump administration over an executive order effectively banning it in the US.
He will be replaced by US GM Vanessa Pappas on an interim basis.
The resignation comes at a time as it tries to persuade both the US and India that it is not a security threat while holding discussions with prospective buyers after a second US order demanding the sale of its US operations.
Mayer was Walt Disney’s top streaming executive before accepting the role of TikTok CEO, and ByteDance COO.
ByteDance is the parent company of TikTok.
Mayer said he decided to leave the company after doing a significant reflection on what the corporate structural changes will require, and what it means for the global role he signed up for.


CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9%
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 



