Change of directors of Alibaba
Recently, Wu Wei stepped down as a director of Alibaba (China) Co., Ltd. and Xu Hong took over.
According to media reports, in December last year, Alibaba Chairman and CEO Zhang Yong sent an internal letter announcing that Wu Wei, the CFO, will step down on March 31, 2022. Xu Hong, the Group's chief financial officer, will take over as the Group's CFO, and Wu Wei will continue to serve as the Group's executive director.
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