Connect with us
Financial Press


The Wall Street Journal: SoftBank CEO Masayoshi Son quits seat on Alibaba board

The Wall Street Journal

Move comes on same say Alibaba founder Jack Ma officially resigns from SoftBank board

Softbank Group CEO Masayoshi Son speaks in 2018.

AFP/Getty Images

TOKYO — SoftBank Group Corp. Chief Executive Masayoshi Son said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba Group Holding Ltd., effective the same day.

Son’s announcement, which he made at the end of SoftBank’s

annual shareholder meeting, follows the resignation — also effective Thursday but announced last month — of Alibaba

co-founder Jack Ma from SoftBank’s board.

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles


The Moneyist Published: Sept. 19, 2020 at 3:15 a.m. ET ‘We believed in good faith that this smart young man would be successful and...


Published: Sept. 19, 2020 at 3:11 a.m. ET Office of Management and Budget memo earlier this month said ‘critical race theory’ was ‘divisive, false...


It may be safest to skip this year’s family holiday gathering if possible, public-health experts say — but the decision is a personal one,...


NewsWatch Published: Sept. 18, 2020 at 5:00 p.m. ET MARKETWATCH FRONT PAGE History isn’t repeating itself when it comes to the highflying technology stocks...