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Kevin Mayer is going from the digital media guy at a (very) traditional media company, to the traditional media guy at a (very) digital media company. Mayer, the chairman of Disney's direct-to-consumer and international division, will depart to become CEO of the red hot mobile video firm TikTok.
--Mayer’s departure from Disney comes three months after he was passed over as successor to longtime CEO Bob Iger, a role that instead was handed to Bob Chapek, who was chairman of Disney Parks, Experiences and Products. Mayer was seen as a likely contender for the role given his long tenure at Disney, where he served as chief strategy officer, architecting such deals as its $71 billion acquisition of the Fox assets. Mayer's contract ran through the end of 2022. It isn't clear whether the company released him early, or whether he had an exit clause after being passed over for the CEO job.
https://link.hollywoodreporter.com/...634999b4?utm_source=twitter&utm_medium=social
--Mayer’s departure from Disney comes three months after he was passed over as successor to longtime CEO Bob Iger, a role that instead was handed to Bob Chapek, who was chairman of Disney Parks, Experiences and Products. Mayer was seen as a likely contender for the role given his long tenure at Disney, where he served as chief strategy officer, architecting such deals as its $71 billion acquisition of the Fox assets. Mayer's contract ran through the end of 2022. It isn't clear whether the company released him early, or whether he had an exit clause after being passed over for the CEO job.
https://link.hollywoodreporter.com/...634999b4?utm_source=twitter&utm_medium=social