Disney streaming chief Kevin Mayer has resigned from his post. Kevin will now hold the position of CEO of BiteDance-owned short video app TikTok. Disney has informed of Kevin's resignation. In addition to the CEO, he will also hold the position of Chief Operating Officer (COO) of ByteDance. On Kevin Meyer's resignation, Disney CEO Bob Chapek said, 'Kevin has done an extraordinary job as head of the direct-consumer business at our company.'
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Kevin Meyer at ByteDance is responsible for developing ByteDance globally, and will also be responsible for overseeing corporate functions including corporate development, sales, marketing, moderation and legal. ByteDance stated in a press release that Kevin, as COO, is also responsible for music, gaming, hello, new business and the community of TikTok. In addition to this, Kevin will also have to take care of the TikTok brand. It is getting a lot of criticism regarding the privacy. Kevin will join ByteDance on June 1. Kevin has done a great job at Disney.
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The idea of Disney Plus is Kevin's due to which there has been a sudden increase in Disney's traffic. Disney Plus was launched in November last year and by April 2020, its number of users has reached 50 million. Looking at Kevin's stature and work in Disney, it was speculated that he would one day take the top position, but this year In February, former Disney CEO Bob Iger did not name Kevin Mayer when he announced his successor.
