BFF-03 Alibaba chairman Jack Ma to step down in 2019: company

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CHINA-E-COMMERCE-INTERNET-ALIBABA

Alibaba chairman Jack Ma to step down in 2019: company

BEIJING, Sept 10, 2018 (BSS/AFP) – Alibaba co-founder and chairman Jack Ma
will step down as head of the e-commerce giant on September 10, 2019, the
company said on Monday.

Ma is staying on as executive chairman for 12 months to “ensure a smooth
transition” before handing over his role to chief executive officer Daniel
Zhang, Alibaba said in a statement.

BSS/AFP/MSY/0825 hrs