Alibaba Group Holding announced that one of the its executive vice presidents will succeed iconic CEO Jack Ma as the company’s top leader, The Wall Street Journal reported. Jonathan Lu, Alibaba’s chief data officer, will take over the role starting May 10. Lu is seen as an executive who shuns the media spotlight, unlike Ma’s outsized public persona. Ma announced in January that he would step down as CEO but remain chairman. Alibaba took its listed unit private last year, but many expect it to relist the larger company after consolidating operations.
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