Disney Streaming Chief Kevin Mayer Leaves for TikTok

5/18/20

By Jason Aycock, SeekingAlpha

Disney (NYSE:DIS) streaming chief Kevin Mayer is out, moving on to become CEO of TikTok, and chief operating officer at the popular app's parent ByteDance (BDNCE).

That will be seen as many observers as a consolation prize after Disney selected Bob Chapek to succeed Bob Iger as CEO.

As a business development leader at the company, Mayer was heavily involved with the purchases of Pixar, Marvel Entertainment, Lucasfilm, and most of the Twenty-First Century Fox assets.

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