Jenny Chan 陳詠欣
Sep 10, 2018

Daniel Zhang to succeed Jack Ma in 2019 as Alibaba chairman

Alibaba to exchange its reliance on Jack Ma's personal brand with "the next level of corporate governance".

Daniel Zhang

Alibaba Group formally announced the successor for Jack Ma this morning, following erroneous reports over the weekend of him retiring today, which happens to be his 54th birthday as well as the 19th anniversary of Alibaba.

Instead, one year from today, current chief executive officer Daniel Zhang will succeed Ma, while Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the chairmanship...

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