Alibaba Group Announces New Board Member from Yahoo

Alibaba, 12/05/12

Chinese e-commerce conglomerate Alibaba Group today announced that Jacqueline D. Reses, Executive Vice President of People and Development at Yahoo, has joined Alibaba Group's Board of Directors. Reses joins Jack Ma, Masayoshi Son, and Joe Tsai as one of four directors on the Alibaba board.

Reses is responsible for corporate and business development, human resources, and global talent acquisition at Yahoo.

Yahoo! owns approximately 23% of Alibaba Group common stock on a fully diluted basis.

Editor's Note: For more background on this topic, please see "Yahoo-Alibaba Deal Values Alibaba Group at USD 40 Bln" MD 9/19/12 issue.

Keywords: Jacqueline Reses Jack Ma e-commerce Internet Masayoshi Son Yahoo Alibaba Group HR Joseph Tsai

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