Alibaba Co-founder Jack Ma resigns from SoftBank Board

Alibaba, Jack Ma, SoftBank, board, resignation, Cadence Design Systems
Alibaba Co-founder Jack Ma resigns from SoftBank Board

Alibaba co-founder Jack Ma has resigned from the SoftBank board. The company has proposed three new appointments to the board, including group Chief Financial Officer Yoshimoto Goto. The number of board members will expand to 13. The board is largely comprised of SoftBank insiders and confidants.

Microsoft announces change to its board of directors

SoftBank will also propose the election of Lip-Bu Tan, CEO of chip design software firm Cadence Design Systems and Yuko Kawamoto, professor at Waseda Business School.

Source: https://www.reuters.com/article/us-softbank-group-governance/softbank-proposes-three-new-board-members-as-alibabas-jack-ma-resigns-idUSKBN22U009

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