Walt Disney Co's (NYSE: DIS) former head of streaming Kevin Mayer "was snubbed" and is on a mission to show "greater relevance" as TikTok's new chief executive, says Eric Schiffer, the CEO of private equity firm The Patriarch Organization.
Who Is Kevin Mayer?
Mayer was Disney's most senior executive in charge of all things streaming, including the company's direct-to-consumer video strategy. He was lined up to replace Bob Iger as Disney's CEO, but the company went in a different direction with Bob Chapek.
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