June 30, 2022
Julie Gao (Supply: Skadden)

Your browser doesn’t beef up HTML5 audio

TikTok-owner ByteDance has appointed Julie Gao from global regulation company Skadden as its new leader monetary officer (CFO), consistent with an inner memo despatched through ByteDance leader govt Liang Rubo on Monday. Gao will probably be founded in Hong Kong and Singapore as soon as she joins ByteDance.

In November final yr, ByteDance adjusted the organizational construction of the corporate. After TikTok CEO Shou Zi Bite stepped down as CFO, the placement was once left vacant for 5 months.

Liang stated within the letter that Gao has cooperated with ByteDance in acquisition and financing tasks on a lot of events since 2016. In consequence, she is accustomed to the corporate’s venture, tradition, crew and industry. “Julie Gao has in depth enjoy and pondering on company governance and building, and has supplied session to many corporations at other levels. I imagine she will probably be carry immense worth to the corporate in her new function,” Liang added.

Gao gained a bachelor’s stage in regulation from Peking College, a grasp’s stage in sociology from the College of Alabama and a health care provider’s stage in regulation from the College of California, Los Angeles. With greater than twenty years of criminal enjoy, she recently is a spouse at Skadden and a member of Skadden’s Coverage Committee.

SEE ALSO: ByteDance Enters Virtual Style Trade

Gao has supplied criminal services and products for the checklist and financing of greater than 100 corporations, together with Meituan, JD.com, Pinduoduo, and Xiaomi. She additionally supplies criminal services and products for plenty of mergers and acquisitions and personal placement tasks of Baidu and ByteDance. Gao has urged on ByteDance’s acquisitions of Musical.ly and Shanghai-based gaming studio Moonton, in addition to a number of rounds of personal fairness financing valued at more than one billions of bucks in general.

See also  AI Chip Company Cambricon Studies 95% YoY Building up in Web Losses