Shou Zi Chew Explained

Shou Zi Chew
Birth Name:Chew Shou Zi
Birth Date:1983 1, df=y
Birth Place:Singapore
Occupation:Business executive
CFO of Xiaomi (2015–2021)
CFO of TikTok (2021)
CEO of TikTok (2021–present)
Years Active:2006–present
Spouse:Vivian Kao
Children:2
Module:
Child:yes
T:周受資
S:周受资
P:Zhōu Shòuzī
Tp:Jhou Shòu-zih
Bpmf:ㄓㄡ ㄕㄡˋ ㄗ
Poj:Chiu-Siū-Chu

Shou Zi Chew (; born 1 January 1983) is a Singaporean business executive who has been serving as the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021.[1] [2] [3]

Early life and education

Chew was born on 1 January 1983[4] in Singapore of an ethnic Chinese family.[5] His father reportedly worked in construction while his mother was a bookkeeper. Upon graduating from Hwa Chong Institution,[6] Chew went on to serve National Service in which he was a commissioned officer in the Singapore Armed Forces.

After his military service, Chew went on to study at University College London in England.[7] He graduated from the college in 2006 with a Bachelor of Economics degree.[8] In 2010, he completed a Master of Business Administration degree at Harvard Business School, and while there completed a summer internship at Facebook prior to its IPO.[9]

Career

After graduating from University College London in 2006, Chew worked at Goldman Sachs in London for two years as a banker before he joined Yuri Milner's venture capital firm DST Global.[6] At Russian investment firm DST Global,[10] [11] [12] Chew led investment into JD.com, Alibaba, and Xiaomi. He also led a team of early investors in ByteDance in 2013.

In 2015, Chew joined Xiaomi as its chief financial officer. In 2019, he became Xiaomi's foreign business president.

In March 2021, Chew joined ByteDance as its chief financial officer.[13] [14] He subsequently replaced TikTok CEO Kevin A. Mayer,[15] who left the ByteDance subsidiary after three months on the job.[16]

In March 2023, Chew testified before the United States Congress regarding the legislative effort to ban TikTok in the United States.[17] He testified again in January 2024, during a United States Senate Judiciary Committee hearing regarding legislation on child internet safety.[18]

He is the honorary chairperson of the 2024 edition of the Met Gala as TikTok is the lead sponsor of the event.[19] [20] Chew is also recognized as one of the most impactful Asians in 2024 by Gold House.[21] In April 24, 2024, U.S. President Joe Biden signed a national security bill that Chew claims would inevitably ban TikTok in the United States.[22] Chew also uploaded a video on TikTok stating that TikTok will raise the matter to courts on the same day.

Personal life

Chew is married to Vivian Kao, an American citizen of Taiwanese descent. They met in 2008 while studying at Harvard Business School. The couple have two children and live in Singapore.[23]

Notes and References

  1. News: 6 January 2023 . TikTok CEO to meet EU antitrust chief Vestager on Tuesday . en . Reuters . 13 January 2023 . 13 January 2023 . https://web.archive.org/web/20230113025538/https://www.reuters.com/technology/tiktok-ceo-meet-eu-antitrust-chief-vestager-tuesday-2023-01-06/ . live .
  2. Web site: 10 January 2023 . TikTok CEO Shou Zi Chew Will Launch a European Charm Offensive After the Company Admitted ... - Latest Tweet by Bloomberg . 13 January 2023 . LatestLY . en . 13 January 2023 . https://web.archive.org/web/20230113025851/https://www.latestly.com/socially/business/tiktok-ceo-shou-zi-chew-will-launch-a-european-charm-offensive-after-the-company-admitted-latest-tweet-by-bloomberg-4693790.html . live .
  3. News: 10 January 2023 . TikTok Launches EU Charm Offensive Amid US Crackdown . en . Bloomberg.com . 13 January 2023 . 10 January 2023 . https://web.archive.org/web/20230110065200/https://www.bloomberg.com/news/newsletters/2023-01-10/tiktok-launches-eu-charm-offensive-amid-us-crackdown . live .
  4. Web site: Bendlin . Karli . 2023-03-24 . Who Is TikTok CEO Shou Chew? Everything to Know . 2023-07-27 . Peoplemag . en.
  5. Web site: Who is Shou Zi Chew? Mounting scrutiny on TikTok could put new spotlight on its CEO | CNN Business. Catherine. Thorbecke. 20 January 2023. CNN. 1 February 2023. 1 February 2023. https://web.archive.org/web/20230201012156/https://www.cnn.com/2023/01/20/tech/tiktok-ceo-shou-zi-chew/index.html. live.
  6. News: Lee . Amanda . 2023-03-23 . From Facebook intern to TikTok CEO: Who is Singaporean Chew Shou Zi? The Straits Times . 2023-03-23 . . en . 23 March 2023 . https://web.archive.org/web/20230323060925/https://www.straitstimes.com/world/united-states/from-goldman-sachs-banker-to-tiktok-ceo-who-is-singaporean-chew-shou-zi . live .
  7. Web site: 10 January 2023 . State governments are banning TikTok, and global leaders are applauding the effort . 13 January 2023 . Tubefilter . en-US . 13 January 2023 . https://web.archive.org/web/20230113025935/https://www.tubefilter.com/2023/01/10/tiktok-ban-state-government-devices-european-commission-hiring/ . live .
  8. Web site: TikTok fined $5.4 million by France for 'cookies' related issues . 13 January 2023 . WION . 13 January 2023 . https://web.archive.org/web/20230113003248/https://www.wionews.com/world/tiktok-fined-54-million-by-france-for-cookies-related-issues-552076 . live .
  9. Web site: Who is TikTok CEO Shou Zi Chew?. 23 March 2023 . WION.
  10. Web site: Fried . Ina . 2015-07-01 . Xiaomi Taps DST Investment Partner Shou Zi Chew to Be CFO . 2023-04-03 . Vox . en . Chew had been a partner at DST, Yuri Milner’s Russian investment firm, and an investor in Xiaomi. At DST, Chew was involved in the firm’s investments in Xiaomi, JD.com and Alibaba. . 3 April 2023 . https://web.archive.org/web/20230403191803/https://www.vox.com/2015/7/1/11564020/xiaomi-taps-dst-investment-partner-shou-zi-chew-to-be-cfo . live .
  11. News: 2015-07-01 . China's Xiaomi names DST partner Chew as chief financial officer . en . Reuters . 2023-04-03 . Chew, one of several bankers who left Goldman Sachs’ London office in the late 2000s to join Russian billionaire Yuri Milner’s DST, has been involved in the fund’s investment in e-commerce firms Alibaba Group Holding Ltd and JD.com Inc, as well as Didi Dache, China’s leading ride-hailing app. / Although DST’s investment in Xiaomi originated from Milner’s longstanding relationship with Xiaomi co-founder and chief executive Lei Jun, Chew, a Singaporean national known for his analytical skills, has been a key behind-the-scenes booster for Xiaomi during recent capital-raising deals. . 3 April 2023 . https://web.archive.org/web/20230403191818/https://www.reuters.com/article/us-xiaomi-cfo-idUSKCN0PB3GA20150701 . live .
  12. Web site: Dou . Eva . Shou Zi Chew Joins Xiaomi as CFO . 2023-04-03 . WSJ . en-US . a former partner of Russian investment firm DST Global has joined [Xiaomi] as chief financial officer, its latest hire of a senior executive with an international background. / Shou Zi Chew, a Singaporean, had joined billionaire investor Yuri Milner's DST Global in 2010, and was involved in the company's investments in Xiaomi and other Chinese tech companies, Xiaomi said. . 3 April 2023 . https://web.archive.org/web/20230403191801/https://www.wsj.com/articles/shou-zi-chew-joins-xiaomi-as-cfo-1435719748 . live .
  13. Web site: AP . 11 January 2023 . TikTok boss Shou Zi Chew meets European officials as scrutiny intensifies . 13 January 2023 . www.business-standard.com . en . 12 January 2023 . https://web.archive.org/web/20230112220218/https://www.business-standard.com/article/international/tiktok-boss-shou-zi-chew-meets-european-officials-as-scrutiny-intensifies-123011001347_1.html . live .
  14. News: Yang . Yingzhi . Zhu . Julie . Woo . Ryan . 24 March 2021 . TikTok owner ByteDance hires CFO in a step towards IPO . Reuters . 27 March 2023 . https://web.archive.org/web/20210326005416/https://www.reuters.com/article/us-bytedance-moves-xiaomi-idUSKBN2BG1JK . 26 March 2021.
  15. Web site: Iyengar . Rishi . What TikTok Has on You . 13 January 2023 . Foreign Policy . en-US . 12 January 2023 . https://web.archive.org/web/20230112231845/https://foreignpolicy.com/2023/01/12/tiktok-security-concerns-china-european-union-social-media/ . live .
  16. Web site: 10 January 2023 . TikTok CEO Shou Zi Chew meets with EU Commission vice-president . 13 January 2023 . SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader. . en-US . 13 January 2023 . https://web.archive.org/web/20230113025745/https://www.sabcnews.com/sabcnews/tiktok-ceo-shou-zi-chew-meets-with-eu-commission-vice-president/ . live .
  17. News: Shepardson . David . Ayyub . Rami . 2023-03-24 . TikTok congressional hearing: CEO Shou Zi Chew grilled by US lawmakers . en . Reuters . 2023-03-24 . 25 March 2023 . https://web.archive.org/web/20230325203118/https://www.reuters.com/technology/tiktok-ceo-face-tough-questions-support-us-ban-grows-2023-03-23/ . live .
  18. News: Shepardson . David . Brice . Makini . Tech CEOs told 'you have blood on your hands' at US Senate child safety hearing . 2024-01-31 . Reuters . 2024-01-31 . en.
  19. News: Chin . Hui Shan . 2024-02-16 . TikTok CEO Chew Shou Zi named honorary chair for Met Gala 2024 . 2024-02-16 . The Straits Times . en . 0585-3923.
  20. Web site: Murray . Conor . What We Know About Tonight’s Met Gala: Backed By TikTok, With Zendaya And More Co-Chairing ‘Garden Of Time’ Themed Event . 2024-05-21 . Forbes . en.
  21. Web site: Thompson . Jack Dunn,Selena Kuznikov,Jazz Tangcay,Jaden . Dunn . Jack . Kuznikov . Selena . Tangcay . Jazz . Thompson . Jaden . 2024-05-01 . Keanu Reeves, Jung Kook, Hayao Miyazaki Among Gold House’s A100 Honorees . 2024-05-21 . Variety . en-US.
  22. News: President Biden signs law to ban TikTok nationwide unless it is sold .
  23. Web site: Allen . Joseph . TikTok CEO Shou Zi Chew's Congressional Hearing Has Many Curious About His Family . Distractify . 25 March 2023 . 24 March 2023 . 25 March 2023 . https://web.archive.org/web/20230325203123/https://www.distractify.com/p/shou-zi-chew-wife . live .

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