TikTok owner ByteDance names veteran corporate lawyer Julie Gao its new CFO as tech unicorn’s IPO plans remain in limbo

News Snapshot:

TikTok owner ByteDance , the world’s most valuable unicorn , has appointed veteran corporate lawyer Julie Gao as its new chief financial officer (CFO), filling a major vacancy in the company’s senior management ranks after a sweeping reorganisation initiated last November. Gao, previously a partner at American multinational law firm Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, has advised many Chinese technology companies on public listings and other transactions, ByteDance chief executive Liang Rubo said in an internal letter on Monday to announce the new appointment. “Julie has worked with us for multiple acquisitions and fundraising deals since...