Alibaba Group Names New CEO
Alibaba Group, 3/11/13
Chinese e-commerce conglomerate Alibaba Group has announced on the company's official blog that Alibaba Executive VP Jonathan Lu with take over as CEO of Alibaba Group when current CEO Jack Ma steps down on May 10. Lu has been with the company for over a decade and has led a number of Alibaba divisions, including C2C & B2C e-commerce site Taobao. Upon stepping down from his role as CEO, Ma will continue to be involved in Alibaba Group strategy, but will be less involved in day-to-day operations.
From 2000-2004, Lu served in several leadership roles at Alibaba.com and managed its South China sales region. In September 2004, he led a dedicated team to establish the company’s e-payment subsidiary Alipay and served as Alipay's president. From January 2008, Lu moved to Taobao, where he was appointed CEO in January 2010. From February 2011, he was made CEO of Alibaba.com and concurrently held the position of Taobao’s CEO until June 2011. Lu then continued in the role as CEO of Alibaba.com until mid-2012, after the previously Hong Kong-listed arm of Alibaba Group was privatized. From July 2012, Lu was appointed Alibaba Group Chief Data Officer, with responsibility for promoting the company’s strategy of building a data sharing platform to benefit the small business community.
Editor's Note: For more background on this topic, please see "Alibaba.com Appoints New Executive Director" MD 3/17/11 issue.
Keywords: HR Jack Ma Jonathan Lu e-commerce Internet Alibaba Group
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