Vanessa Pappas will become COO

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Chew will retain his position as financial chief of Chinese parent company ByteDance.
Mario Tama/Getty Images

By Scott Nover

36 mins ago

Social video juggernaut TikTok named Shouzi Chew, the financial chief of its Chinese parent company ByteDance, as its new CEO. Chew will retain his role at ByteDance in addition to leading its most popular Western app.