Joe Tsai to Become Alibaba Group Chairman, Eddie Wu Appointed CEO

Alibaba, the Chinese e-commerce, technology and entertainment giant, said Tuesday that Joseph C. Tsai will succeed Daniel Zhang as chairman of the group. Eddie Wu (aka Wu Yongming) will take over Zhang’s role as group CEO. Both men are veterans of the group. Tsai, owner of the Brooklyn Nets basketball franchise, is currently Alibaba’s executive […]
Variety