Alibaba reveals succession plan, CEO to succeed Jack Ma
Updated : September 10, 2018 10:00 AM IST
Current Alibaba Chief Executive Daniel Zhang will replace him as chairman, while Ma will complete his current term on Alibaba’s board of directors following the company’s annual general meeting in 2020.
Ma relinquished the role of chief executive in 2013. Zhang, 46, has been in the job since 2015 after serving as the company’s chief operating officer.
Ma, who turned 54 on Monday, will continue to mentor senior management as part of an advisory board called the “Alibaba Partnership”.