Alibaba's Jack Ma announces succession plan
Ma with his successor, Daniel Zhang. Photo: Getty Images
Jack Ma, co-founder and executive chairman of Chinese e-commerce giant Alibaba, said he will retire on Alibaba's 20th anniversary, which is Sept. 10, 2019. He'll be succeeded by company CEO, Daniel Zhang.
Alibaba was never about Jack Ma, but Jack Ma will forever belong to Alibaba.— Jack Ma in a letter to Alibaba shareholders and employees