13 September 2018Daniel Zhang will succeed Jack Ma as chairman of Alibaba Group
After a spokesperson of Alibaba denied that Jack Ma is stepping down immediately as executive chairman, Alibaba Group today announced that one year from today, September 10, 2019, chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board of Alibaba Group. Mr. Ma will continue as executive chairman of the company over the next 12 months to ensure a smooth transition of the chairmanship to Mr. Zhang.