After being stepped down as chairman and CEO of Alibaba Group, Zhang Yong stepped down as Chairman Alibaba Cloud and CEO positions.He will continue to serve as Ali partners and set up future technology funds.
Comprehensive Caixin.com and First Financial Report, Cai Chongxin, chairman of the board of directors of Alibaba Group, announced on the evening of Sunday (September 10) that the full letter was announced that it had completed the transfer of the group's management position on the same day.He took over as the chairman of the group's board of directors, and Wu Yongming became the CEO of the group.Cai Chongxin also said that the board of directors of Alibaba accepted the request of Zhang Yong's steps down as Chairman Alibaba and CEO. Chairman Alibaba Cloud and CEO will be part of the Group CEO Wu Yongming, which will take effect from day.
With the appointment of Cai Chongxin and Wu Yongming, this also means that Alibaba Group officially ended the "Zhang Yong era".In the letter of all the members, Cai Chongxin used the four words "grades" to evaluate and thanked Zhang Yong for his contribution and contribution to the company in the past 16 years.The honorary title of merit can.
After leaving office, Zhang Yong will take charge of the newly established technology fund.Cai Chongxin also said in the All -member letter that the Group decided to invest 1 billion US dollars (about S $ 1.365 billion) to support Zhang Yong to set up a future -oriented technology fund to assist Ali to create a better ecological environment for the future scientific and technological layout.
