The Wall Street Journal
Published: June 24, 2020 at 11:44 p.m. ET
Move comes on same say Alibaba founder Jack Ma officially resigns from SoftBank board
Softbank Group CEO Masayoshi Son speaks in 2018.
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.