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Executive Movements News

Alibaba-backed Lazada appoints Pierre Poignant as its new CEO, Lucy Peng steps down.

Lazada Group, Southeast Asia’s leading eCommerce firm, has announced, as part of succession planning in the group, that its Executive President Pierre Poignant will succeed Lucy Peng as Chief Executive Officer of Lazada Group with immediate effect. Peng will remain Lazada Group Executive Chairwoman. Poignant, who was appointed Group Executive President in August 2018, will […]

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Executive Movements News

Alibaba’s Jack Ma to retire. Plans to focus on philanthropy in education.

Alibaba’s co-founder and executive chairman, Jack Ma will retire from the e-commerce giant he founded in 1999, according to New York Times. He plans to pursue philanthropy in education post his retirement. Jack Ma, was a former English teacher at the Hangzhou Institute of Electrical Engineering and has always been known to his commitment to […]