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Jack Ma to Leave Alibaba

Tuesday, 18 September 2018  
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Alibaba has today announced that one year from today, chief executive officer Daniel Zhang, will succeed Jack Ma as Chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman over the next 12 months to ensure a smooth transition of the chairmanship to Mr. Zhang.

In a letter issued to shareholders, customers and employees, Mr. Ma explained his decision, stating that he has made the tough decision to leave the company on its 20th anniversary, September 10, 2019. Read more...