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Yoshimoto Goto

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Alibaba's Jack Ma Steps Down from SoftBank's Board
May 19th, 2020 - 08:00 GMT

Alibaba's Jack Ma Steps Down from SoftBank's Board

SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son. The departure of Ma, who retired as Alibaba’s executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy, Reuters reported. SoftBank will propose three new appointments to the board, including group Chief Financial Officer Yoshimoto ...
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