Shou Zi Chew
{{Short description|Singaporean business executive (born 1983)}}
{{Use dmy dates|date=February 2023}}
{{Family name hatnote|Chew|lang=Chinese}}{{Eastern name order|Chew Shou Zi}}
{{Infobox person
| name = Shou Zi Chew
| image = TikTok CEO Shou Zi Chew.jpg
| caption = Chew in 2023
| native_name = 周受资
| native_name_lang = zh
| birth_date = {{Birth date and age|df=y|1983|01|01}}
| birth_place = Singapore
| education = {{Ubl |{{no wrap|University College London}} (BSc) |Harvard University (MBA)}}
| occupation = Business executive
| title = {{ubl | Former CFO of Xiaomi (2015–2021) | Former CFO of TikTok (2021) | CEO of TikTok (since 2021)}}
| years_active = 2006–present
| spouse = Vivian Kao
| children =
| website = {{URL|https://tiktok.com/@shou.time}}
| module = {{Infobox Chinese|child=yes
| order = st
| s = 周受资
| t = 周受資
| p = Zhōu Shòuzī
| tp = Jhou Shòu-zih
| w = {{tone superscript|Chou1 Shou4-tzu1}}
| mi = {{IPAc-cmn|zh|ou|1|-|sh|ou|4|.|zi|1}}
| bpmf = ㄓㄡ ㄕㄡˋ ㄗ
| poj = Chiu-Siū-Chu
}}
| module2 = {{Listen|pos=center|embed=yes|filename=Opening Statement of TikTok CEO Shou Zi Chew.ogg|title=Shou Zi Chew's voice|type=speech|description=Chew's opening statement at a hearing before the United States House Energy and Commerce Committee
Recorded 23 March 2023}}
}}
Shou Zi Chew ({{zh|s=周受资}}; born 1 January 1983) is a Singaporean business executive who has been the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021.{{Cite news |date=6 January 2023 |title=TikTok CEO to meet EU antitrust chief Vestager on Tuesday |url=https://www.reuters.com/technology/tiktok-ceo-meet-eu-antitrust-chief-vestager-tuesday-2023-01-06/ |url-status=live |archive-url=https://web.archive.org/web/20230113025538/https://www.reuters.com/technology/tiktok-ceo-meet-eu-antitrust-chief-vestager-tuesday-2023-01-06/ |archive-date=13 January 2023 |access-date=13 January 2023 |work=Reuters |language=en}}{{Cite web |date=10 January 2023 |title=TikTok CEO Shou Zi Chew Will Launch a European Charm Offensive After the Company Admitted ... - Latest Tweet by Bloomberg |url=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 |access-date=13 January 2023 |website=LatestLY |language=en |archive-date=13 January 2023 |archive-url=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 |url-status=live }}{{Cite news |date=10 January 2023 |title=TikTok Launches EU Charm Offensive Amid US Crackdown |url=https://www.bloomberg.com/news/newsletters/2023-01-10/tiktok-launches-eu-charm-offensive-amid-us-crackdown |url-status=live |archive-url=https://web.archive.org/web/20230110065200/https://www.bloomberg.com/news/newsletters/2023-01-10/tiktok-launches-eu-charm-offensive-amid-us-crackdown |archive-date=10 January 2023 |access-date=13 January 2023 |work=Bloomberg News |language=en}}
Early life and education
Chew was born on 1 January 1983 in Singapore.{{Cite web |last=Bendlin |first=Karli |date=2023-03-24 |title=Who Is TikTok CEO Shou Chew? Everything to Know |url=https://people.com/human-interest/who-is-tiktok-ceo-shou-chew/ |access-date=2023-07-27 |website=Peoplemag |language=en |archive-date=27 July 2023 |archive-url=https://web.archive.org/web/20230727200241/https://people.com/human-interest/who-is-tiktok-ceo-shou-chew/ |url-status=live }} His father reportedly worked in construction and his mother in bookkeeping. Upon graduating from Hwa Chong Institution,{{Cite news |last=Lee |first=Amanda |date=2023-03-23 |title=From Facebook intern to TikTok CEO: Who is Singaporean Chew Shou Zi? |url=https://www.straitstimes.com/world/united-states/from-goldman-sachs-banker-to-tiktok-ceo-who-is-singaporean-chew-shou-zi |url-status=live |archive-url=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 |archive-date=23 March 2023 |access-date=2023-03-23 |website=The Straits Times |language=en}} Chew went on to serve National Service in the Singapore Armed Forces.
After his military service, Chew went on to study at University College London in England.{{Cite web |date=10 January 2023 |title=State governments are banning TikTok, and global leaders are applauding the effort |url=https://www.tubefilter.com/2023/01/10/tiktok-ban-state-government-devices-european-commission-hiring/ |access-date=13 January 2023 |website=Tubefilter |language=en-US |archive-date=13 January 2023 |archive-url=https://web.archive.org/web/20230113025935/https://www.tubefilter.com/2023/01/10/tiktok-ban-state-government-devices-european-commission-hiring/ |url-status=live }} He graduated from the college in 2006 with a Bachelor of Science in economics.{{Cite web |title=TikTok fined $5.4 million by France for 'cookies' related issues |url=https://www.wionews.com/world/tiktok-fined-54-million-by-france-for-cookies-related-issues-552076 |access-date=13 January 2023 |website=WION |date=12 January 2023 |archive-date=13 January 2023 |archive-url=https://web.archive.org/web/20230113003248/https://www.wionews.com/world/tiktok-fined-54-million-by-france-for-cookies-related-issues-552076 |url-status=live }} In 2010, he completed a Master of Business Administration degree at Harvard Business School,{{Cite web |last=Thorbecke |first=Catherine |date=20 January 2023 |title=Who is Shou Zi Chew? Mounting scrutiny on TikTok could put new spotlight on its CEO |url=https://www.cnn.com/2023/01/20/tech/tiktok-ceo-shou-zi-chew/index.html |url-status=live |archive-url=https://web.archive.org/web/20230201012156/https://www.cnn.com/2023/01/20/tech/tiktok-ceo-shou-zi-chew/index.html |archive-date=1 February 2023 |access-date=1 February 2023 |website=CNN}} and while there completed a summer internship at Facebook prior to its IPO.{{Cite web |title=Who is TikTok CEO Shou Zi Chew?|url=https://www.washingtonpost.com/technology/2023/03/23/who-is-tiktok-ceo-shou-zi-chew|access-date=23 March 2023 |website=WION}}
Career
After graduating from University College London in 2006, he stayed on in London to work as a banker for the Goldman Sachs Group for two years before he joined Yuri Milner's venture capital firm DST Global. At the Russian investment firm DST Global,{{Cite web |last=Fried |first=Ina |date=2015-07-01 |title=Xiaomi Taps DST Investment Partner Shou Zi Chew to Be CFO |url=https://www.vox.com/2015/7/1/11564020/xiaomi-taps-dst-investment-partner-shou-zi-chew-to-be-cfo |url-status=live |archive-url=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 |archive-date=3 April 2023 |access-date=2023-04-03 |website=Vox |language=en |quote=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.}}{{Cite news |date=2015-07-01 |title=China's Xiaomi names DST partner Chew as chief financial officer |url=https://www.reuters.com/article/us-xiaomi-cfo-idUSKCN0PB3GA20150701 |url-status=live |archive-url=https://web.archive.org/web/20230403191818/https://www.reuters.com/article/us-xiaomi-cfo-idUSKCN0PB3GA20150701 |archive-date=3 April 2023 |access-date=2023-04-03 |work=Reuters |language=en |quote=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.}}{{Cite web |last=Dou |first=Eva |date=July 2015 |title=Shou Zi Chew Joins Xiaomi as CFO |url=http://www.wsj.com/articles/shou-zi-chew-joins-xiaomi-as-cfo-1435719748 |url-access=subscription |url-status=live |archive-url=https://web.archive.org/web/20230403191801/https://www.wsj.com/articles/shou-zi-chew-joins-xiaomi-as-cfo-1435719748 |archive-date=3 April 2023 |access-date=2023-04-03 |website=The Wall Street Journal |language=en-US |quote=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.}} 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.{{Cite web |last=AP |date=11 January 2023 |title=TikTok boss Shou Zi Chew meets European officials as scrutiny intensifies |url=https://www.business-standard.com/article/international/tiktok-boss-shou-zi-chew-meets-european-officials-as-scrutiny-intensifies-123011001347_1.html |access-date=13 January 2023 |website=www.business-standard.com |language=en |archive-date=12 January 2023 |archive-url=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 |url-status=live }}{{Cite news |last1=Yang |first1=Yingzhi |last2=Zhu |first2=Julie |last3=Woo |first3=Ryan |date=24 March 2021 |title=TikTok owner ByteDance hires CFO in a step towards IPO |work=Reuters |url=https://www.reuters.com/article/us-bytedance-moves-xiaomi-idUSKBN2BG1JK |access-date=27 March 2023 |archive-url=https://web.archive.org/web/20210326005416/https://www.reuters.com/article/us-bytedance-moves-xiaomi-idUSKBN2BG1JK |archive-date=26 March 2021}} He subsequently replaced TikTok CEO Kevin A. Mayer,{{Cite web |last=Iyengar |first=Rishi |title=What TikTok Has on You |url=https://foreignpolicy.com/2023/01/12/tiktok-security-concerns-china-european-union-social-media/ |url-status=live |archive-url=https://web.archive.org/web/20230112231845/https://foreignpolicy.com/2023/01/12/tiktok-security-concerns-china-european-union-social-media/ |archive-date=12 January 2023 |access-date=13 January 2023 |website=Foreign Policy |language=en-US}} who left the ByteDance subsidiary after three months on the job.{{Cite web |date=10 January 2023 |title=TikTok CEO Shou Zi Chew meets with EU Commission vice-president |url=https://www.sabcnews.com/sabcnews/tiktok-ceo-shou-zi-chew-meets-with-eu-commission-vice-president/ |access-date=13 January 2023 |website=SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader. |language=en-US |archive-date=13 January 2023 |archive-url=https://web.archive.org/web/20230113025745/https://www.sabcnews.com/sabcnews/tiktok-ceo-shou-zi-chew-meets-with-eu-commission-vice-president/ |url-status=live }}
In March 2023, Chew testified before the United States Congress regarding the legislative effort to ban TikTok in the United States.{{Cite news |last1=Shepardson |first1=David |last2=Ayyub |first2=Rami |date=2023-03-24 |title=TikTok congressional hearing: CEO Shou Zi Chew grilled by US lawmakers |url=https://www.reuters.com/technology/tiktok-ceo-face-tough-questions-support-us-ban-grows-2023-03-23/ |url-status=live |archive-url=https://web.archive.org/web/20230325203118/https://www.reuters.com/technology/tiktok-ceo-face-tough-questions-support-us-ban-grows-2023-03-23/ |archive-date=25 March 2023 |access-date=2023-03-24 |work=Reuters |language=en}} Following the testimony, then senator Marco Rubio requested the U.S. Department of Justice investigate Chew for perjury.{{Cite news |last=Oshin |first=Olafimihan |date=2023-06-01 |title=Rubio asks DOJ to investigate possible perjury by TikTok CEO |url=https://thehill.com/policy/technology/4030154-rubio-asks-doj-to-investigate-possible-perjury-by-tiktok-ceo/ |archive-url=https://web.archive.org/web/20241116031328/https://thehill.com/policy/technology/4030154-rubio-asks-doj-to-investigate-possible-perjury-by-tiktok-ceo/ |archive-date=16 November 2024 |access-date=2025-01-25 |work=The Hill |language=en-US |url-status=live }}{{Cite web |last=Levine |first=Alexandra S. |date=1 June 2023 |title=TikTok CEO Should Be Investigated By DOJ, Senator Says |url=https://www.forbes.com/sites/alexandralevine/2023/06/01/tiktok-ceo-justice-department-investigation-china-security/ |url-status=live |archive-url=https://archive.today/20230602135858/https://www.forbes.com/sites/alexandralevine/2023/06/01/tiktok-ceo-justice-department-investigation-china-security/?sh=537a49b19275 |archive-date=2 June 2023 |access-date=2025-01-25 |website=Forbes |language=en}} Chew testified again in January 2024, during a United States Senate Judiciary Committee hearing regarding legislation on child internet safety.{{cite news |last1=Shepardson |first1=David |last2=Brice |first2=Makini |date=2024-01-31 |title=Tech CEOs told 'you have blood on your hands' at US Senate child safety hearing |url=https://www.reuters.com/technology/meta-tiktok-x-ceos-face-tough-questions-child-safety-us-senate-hearing-2024-01-31/ |access-date=2024-01-31 |work=Reuters |language=en}}
He was the honorary chairperson of the 2024 Met Gala as TikTok was the lead sponsor of the event.{{Cite news |last=Chin |first=Hui Shan |date=2024-02-16 |title=TikTok CEO Chew Shou Zi named honorary chair for Met Gala 2024 |url=https://www.straitstimes.com/life/tiktok-ceo-chew-to-act-as-honorary-chair-for-met-gala-2024 |url-status=live |archive-url=https://web.archive.org/web/20240216192259/https://www.straitstimes.com/life/tiktok-ceo-chew-to-act-as-honorary-chair-for-met-gala-2024 |archive-date=16 February 2024 |access-date=2024-02-16 |work=The Straits Times |language=en |issn=0585-3923}}{{Cite web |last=Murray |first=Conor |title=What We Know About Tonight's Met Gala: Backed By TikTok, With Zendaya And More Co-Chairing 'Garden Of Time' Themed Event |url=https://www.forbes.com/sites/conormurray/2024/05/06/what-we-know-about-tonights-met-gala-backed-by-tiktok-with-zendaya-and-more-co-chairing-garden-of-time-themed-event/ |url-status=live |archive-url=https://web.archive.org/web/20240521053810/https://www.forbes.com/sites/conormurray/2024/05/06/what-we-know-about-tonights-met-gala-backed-by-tiktok-with-zendaya-and-more-co-chairing-garden-of-time-themed-event/ |archive-date=21 May 2024 |access-date=2024-05-21 |website=Forbes |language=en}} Chew was recognized as one of the most impactful Asians in 2024 by Gold House.{{Cite web |last1=Thompson |first1=Jack Dunn,Selena Kuznikov,Jazz Tangcay,Jaden |last2=Dunn |first2=Jack |last3=Kuznikov |first3=Selena |last4=Tangcay |first4=Jazz |last5=Thompson |first5=Jaden |date=2024-05-01 |title=Keanu Reeves, Jung Kook, Hayao Miyazaki Among Gold House's A100 Honorees |url=https://variety.com/lists/gold-house-a100-honoree-list-2024/ |access-date=2024-05-21 |website=Variety |language=en-US |archive-date=12 May 2024 |archive-url=https://web.archive.org/web/20240512210454/https://variety.com/lists/gold-house-a100-honoree-list-2024/ |url-status=live }}
On 24 April 2024, President of the United States Joe Biden signed a bill{{Cite news |last=Allyn |first=Bobby |date=2024-04-24 |title=President Biden signs law to ban TikTok nationwide unless it is sold |url=https://www.npr.org/2024/04/24/1246663779/biden-ban-tiktok-us |access-date=2025-01-25 |work=NPR |language=en}} that required TikTok be sold or face a ban in the US. However, after the 2024 election and before any ban took effect, President Biden decided to leave enforcement of the law in the hands of the incoming Trump administration. This resulted in TikTok being temporarily disabled and removed from app stores in the United States{{Cite web |last=Stelter |first=Aaron Pellish, Brian |date=2025-01-18 |title=TikTok shuts down in the United States hours ahead of a ban |url=https://www.cnn.com/2025/01/18/business/trump-tiktok-ban/index.html |access-date=2025-01-19 |website=CNN |language=en}}{{Cite web |title=TikTok goes offline in the US hours before ban comes in |url=https://www.bbc.com/news/articles/cz6p1g54q85o |url-status=live |archive-url=https://web.archive.org/web/20250119042325/https://www.bbc.com/news/articles/cz6p1g54q85o |archive-date=19 January 2025 |access-date=2025-01-19 |website=BBC News |language=en-GB}} until 20 January 2025, when President Donald Trump signed an executive order delaying the app's ban for 75 days, pending a possible sale of ownership.{{Cite news |last=McCabe |first=David |date=2025-01-21 |title=Trump Signs Executive Order in Attempt to Delay TikTok Ban |url=https://www.nytimes.com/2025/01/20/technology/trump-tiktok-ban-delay-executive-order.html |url-status=live |archive-url=https://web.archive.org/web/20250121013825/https://www.nytimes.com/2025/01/20/technology/trump-tiktok-ban-delay-executive-order.html |archive-date=21 January 2025 |access-date=2025-01-21 |work=The New York Times |language=en-US |issn=0362-4331}}{{cite news |last1=Lowry |first1=LeeAnne |author-link1= |date=19 January 2025 |title=President Trump proposes TikTok 'joint venture,' where US would own 50% |script-title= |trans-title= |url=https://www.usatoday.com/videos/news/politics/2025/01/19/president-trump-proposes-tiktok-joint-venture-at-rally/77832268007/ |url-access= |url-status=live |archive-url=https://web.archive.org/web/20250120105220/https://www.usatoday.com/videos/news/politics/2025/01/19/president-trump-proposes-tiktok-joint-venture-at-rally/77832268007/ |archive-date=20 January 2025 |access-date=22 January 2025 |work=USA Today |department= |publisher= |location= |type= |publication-place= |publication-date=19 January 2025 |arxiv= |asin= |asin-tld= |bibcode= |doi= |isbn= |issn= |jfm= |jstor= |lccn= |mr= |oclc= |ol= |osti= |pmc= |pmid= |rfc= |ssrn= |zbl= |id= |quote= |trans-quote= |bibcode-access= |doi-access= |hdl-access= |jstor-access= |ol-access= |osti-access= |title-link= |script-work= |trans-work= |biorxiv= |citeseerx= |eissn= |hdl= |ismn= |medrxiv= |pmc-embargo-date= |sbn= |s2cid= |s2cid-access= |archive-format= |quote-page= |quote-pages= |script-quote=}}{{cite news |last1=Shepardson |first1=David |author-link1= |date=20 January 2025 |title=TikTok restores US service after Trump says "we have to save it" |script-title= |trans-title= |url=https://www.reuters.com/technology/tiktok-goes-dark-us-users-trump-says-save-tiktok-2025-01-19/ |url-access= |url-status=live |archive-url=https://web.archive.org/web/20250120170037/https://www.reuters.com/technology/tiktok-goes-dark-us-users-trump-says-save-tiktok-2025-01-19/ |archive-date=20 January 2025 |access-date=20 January 2025 |work= |department= |publisher=Reuters |location= |type= |format= |publication-place= |publication-date=29 January 2025 |arxiv= |asin= |asin-tld= |bibcode= |doi= |isbn= |issn= |jfm= |jstor= |lccn= |mr= |oclc= |ol= |osti= |pmc= |pmid= |rfc= |ssrn= |zbl= |id= |quote= |trans-quote= |bibcode-access= |doi-access= |hdl-access= |jstor-access= |ol-access= |osti-access= |agency= |title-link= |script-work= |trans-work= |biorxiv= |citeseerx= |eissn= |hdl= |ismn= |medrxiv= |pmc-embargo-date= |sbn= |s2cid= |s2cid-access= |archive-format= |quote-page= |quote-pages= |script-quote=}} Chew was present at Trump's inauguration.{{Cite web |last=Spirlet |first=Bryan Metzger, Alice Tecotzky, Sarah Jackson, Kwan Wei Kevin Tan, Thibault |title=See the billionaires and CEOs who attended Trump's inauguration |url=https://www.businessinsider.com/trump-inauguration-ceo-guests-bezos-zuckerberg-musk-2025-1 |access-date=2025-02-04 |website=Business Insider |language=en-US}}
References
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External links
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Category:21st-century Singaporean businesspeople
Category:Singaporean people of Chinese descent
Category:People from Singapore
Category:Alumni of University College London