Phone: +86-25-86442672
E-mail:amywang@fnatchem.com

Location : Home > News Center > Read

NEWS CENTER


Jack Ma to step down as Alibaba’s chairman from 2019

Count:192   Time:2018-9-10  
Jack Ma, founder and chairman of China’s e-commerce giant Alibaba, announced that he will quit his chairmanship a year later through a Monday post on his personal social network, thepaper.cn reported.

CEO Daniel Zhang will take over the chairmanship since September 10, 2019 just at the 20th-anniversary mark for Alibaba, said Ma in a letter to all teachers today on China’s National Holiday, Teachers Day on Weibo.

He’ll still keep his job as a board member until the 2020 annual stockholders’ meeting, and he will provide a transition plan for Alibaba, said the billionaire.

It’s said that Jack Ma has intended to make this decision for a decade. After quitting the chairmanship, he will devote more time and money to the philanthropic foundation, education and his environmental protection cause, he told South China Morning Post last Saturday.

September 10 marks not only China’s Teachers’ Day as well as the 19th anniversary of Alibaba and the 54th birthday of Jack Ma, who was once an English teacher before starting the e-commerce business.

The successor Zhang, an 11-year veteran at Alibaba Group, was appointed CEO in May 2015. Over the years, he has assisted with top management positions across the organization and led the company to build Cainiao Network, a comprehensive global logistics network.
  Nanjing FNAT Chemical Co.,Ltd.
Add:No.128 Lushan Road, Jianye District, Nanjing City,
Jiangsu Province, China
Tel: +86-25-86442672,+86-13451895519
Website:www.fnatchem.com
E-mail:amywang@fnatchem.com
 
About Us
Profile
Cultrue
Facility
Products
CORROSION INHIBITOR
ANTIOXIDANT
DYESTUFF
Contact Us
Contact
Feedback
Link
Copyright © Nanjing FNAT Chemical Co.,Ltd. All rights reserved., All Rights Reserved. Desginer:Chemindustry
Customer Service

Wechat