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

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.

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.



Investing for Retirement

Retirement may be a long way off for you – or...

Long Term Investments for the Future

If you are ready to invest money for a future event,...

Understanding Bonds

There are certain things you must understand about bonds before you...

How Much Money Should You Invest?

Many first time investors think that they should invest all of...