Caixin
Apr 26, 2022 05:44 AM
BUSINESS

ByteDance Hires Skadden Lawyer as CFO While IPO Remains in Limbo

ByteDance is now streamlining its businesses after Beijing’s yearlong crackdown on the consumer internet
ByteDance is now streamlining its businesses after Beijing’s yearlong crackdown on the consumer internet

(Bloomberg) — ByteDance Ltd. hired Julie Gao from international law firm Skadden as its new chief financial officer, filling a position that has largely been vacant throughout the social media giant’s decade-long history.

Gao, who counseled tech companies on initial public offerings and other types of financing, will work out of ByteDance’s offices in Hong Kong and Singapore, Chief Executive Officer Liang Rubo said in an internal memo seen by Bloomberg News. A ByteDance spokesperson confirmed Gao’s hiring.

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