Reuters
ByteDance plans for maximum of nine board directors -source
Shareholders approved the move at an investor meeting on Tuesday, boosting the figure from the previous maximum of five, added the source, who sought anonymity as the information was confidential. The five-strong board of the Beijing-based company includes its new chief executive, Liang Rubo, who took over as chairman from founder and former chief executive Zhang Yiming. The other directors are representatives of General Atlantic, Sequoia Capital, Coatue Management, and Susquehanna International Group, Reuters has reported.
