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Alibaba Says Joseph Tsai to Take Over as Chairman, Succeeding Daniel Zhang

Joseph Tsai in Hong Kong in 2019. Photo: Anthony Kwan/Bloomberg By Yoko Kubota June 20, 2023 12:34 am ET Alibaba Group Holding said Joseph Tsai, its current vice chairman, will take over as chairman in September, succeeding Daniel Zhang, as the Chinese e-commerce giant undergoes a major reorganization. The company also said Eddie Yongming Wu will succeed Zhang as CEO. Updates to follow as news develops. Write to Yoko Kubota at [email protected]

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Alibaba Says Joseph Tsai to Take Over as Chairman, Succeeding Daniel Zhang

Joseph Tsai in Hong Kong in 2019.

Photo: Anthony Kwan/Bloomberg

Alibaba Group Holding said Joseph Tsai, its current vice chairman, will take over as chairman in September, succeeding Daniel Zhang, as the Chinese e-commerce giant undergoes a major reorganization.

The company also said Eddie Yongming Wu will succeed Zhang as CEO.

Updates to follow as news develops.

Write to Yoko Kubota at [email protected]

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