ByteDance Hires Skadden Lawyer as CFO While IPO Remains in Limbo
- The role has been vacant since Chew became TikTok CEO
- Hiring will rekindle speculation over ByteDance’s IPO plans
Photographer: Brent Lewin/Bloomberg
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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.