Former TikTok CEO Kevin Mayer Used to Work at Disney and Playboy
Updated June 20 2023, 12:56 p.m. ET
On May 18, 2020, Kevin Mayer was announced as the new CEO of TikTok and the COO of ByteDance (TikTok's parent company). He earned renown in the industry with his contributions to Disney Plus, the streaming platform that gained more than 50 million subscribers since its launch in November 2019.
Three months later, Kevin stepped down from both roles, but he has remained in the public eye due to his next roles.
Prior to his roles at ByteDance and TikTok, Kevin spent 15 years working for the company, orchestrating the acquisition of Pixar, Lucasfilm, Marvel Studios, and 21st Century Fox. In the past, he also served as the CEO of organizations like Playboy.com. So, how much is Kevin's net worth?
Former TikTok CEO Kevin Mayer has worked for major brands like Disney and Playboy.
With more than 30 years' worth of experience under his belt, Kevin served as the leader of some of the most prestigious companies out there. He joined Clear Channel Communications in 2002, landing the role of the chairman and CEO.
Since then, he also worked as a partner at LEK Consulting — a management consulting company headquartered in London and Boston — and as the CEO of Playboy.com.
Kevin Mayer
Businessman, Former CEO of TikTok
Net worth: $15 Million
Birthdate: 1962
Education: Bachelor's of Science in mechanical engineering from MIT, Master of Science in electrical engineering from San Diego State University, MBA from Harvard Business School.
During his 15-year-long tenure at The Walt Disney Company, Kevin had the chance to demonstrate an unparalleled entrepreneurial spirit and strategic nous in various positions.
Having started as an executive vice president of corporate strategy and business development in June 2005, he rose through the ranks in a relatively short time frame. In 2018, he was appointed as the chairman of direct-to-consumer and international, overseeing the international operations, securing broadcast deals in dozens of countries.
In 2019, he landed the opportunity to work on Disney Plus, spearheading the creation of a brand-new technological infrastructure that's able to cater to the needs of millions of subscribers.
A strategist deep down at heart, Kevin had the chance to branch out and try his hand at various roles. For a while, he was in charge of allocating significant funds into the development of services ranging from virtual reality and digital media to online video platforms and 3-D printing, the Market Screener reveals.
Reputed for his strict work ethic and unforgiving managerial style, Kevin earned renown as the manager whose new employees would be greeted with a set of directions to the nearby store selling Red Bull and caffeine pills. He sees working overtime as a prerequisite, an article by Market Screener reveals.
"He has a relentless pursuit of excellence which can be stressful and exhausting at times," a former The Walt Disney Company employee named Nick van Dyk told Market Screener.
Kevin Mayer has an estimated net worth of $15 million.
According to Wallmine, Kevin owns at least 2,333 units of The Walt Disney Company stock, whose value is estimated to be around $7.7 million. In addition, he also sold stock worth over $6.8 million. According to The Famous Info, his estimated net worth is around $15 million.
Since leaving his roles at ByteDance and TikTok, Kevin has gone on to found the SPAC Forest Road Acquisition Corp, which merged with Beachbody and Myx Fitness Holdings in February of 2021. He is also the co-chair and co-CEO of Forest Road Acquisition Corp II.
