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Alibaba’s Former Chairman Daniel Zhang Steps Down From Last Executive Role at Company

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In a surprise move, Daniel Zhang, who was handpicked by Alibaba co-founder Jack Ma as successor, has resigned as head of the tech giant’s cloud computing unit.

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https://www.wsj.com/business/retail/alibaba-groups-former-chairman-zhang-steps-down-as-ceo-of-cloud-business-unit-1d8d990cIn a surprise move, Zhang, who was handpicked by co-founder Jack Ma as successor, resigns as head of cloud computing unitAlibaba Group’s Former CEO Daniel Zhang volunteered to resign from the cloud unit and will set up a fund to support Alibaba’s technology ecosystem and investment.

 

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