Exclusive | Jack Ma to unveil Alibaba’s succession plan, paving the way for younger talent to take over

Ma will remain executive chairman while the plan is carried out. A New York Times report that said he was “stepping down” to “retire” was out of context, and factually wrong, an Alibaba spokesman said

Jack Ma, the co-founder and executive chairman of Alibaba Group Holding, arriving for a meeting with Belgian Prime Minister Charles Michel at the Lambermont in Brussels on 3 July 2018. Photo: EPA-EFE

Jack Ma, who co-founded the world’s largest e-commerce platform, will unveil a succession strategy next week, part of a management plan 10 years in the making for grooming a generation of younger executives to take over the reins of Asia’s most valuable company.

Ma, the executive chairman of Alibaba Group Holding and public face of the technology juggernaut, will unveil the plan on September 10 on his 54th birthday.

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