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Jack Ma resigns from SoftBank board

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Jack Ma resigns from SoftBank board

  • The Co-founder of Alibaba, Jack Ma is going to give resign from SoftBank board of directors. Jack Ma has been serving for almost 13 years in the board. it is expected that Jack Ma will resign from the Group’s board on 25 June 2020.
  • SoftBank board has found a record financial loss of USD 13 billion. Jack Ma took his retirement as the Executive Chairman of Alibaba in September 2019.
  • The Softbank Group’s board of directors is having 11 directors. also, it is expected that The Group will expand the number of its board members to 13 directors.
  • Recently, company nominated of three new directors to the board they are : chief Financial Officer Yoshimoto Got, Cadence Design Systems CEO Lip-Bu Tan and Waseda Business School professor Yuko Kawamoto.

About SoftBank –
CEO: Masayoshi Son
Founder: Masayoshi Son
Founded : 3 September 1981
Headquarters: Minato City, Tokyo, Japan.

Jack Ma resigns from SoftBank board

Q.1 Why Jack Ma is going to give resign from SoftBank board of directors?

Jack Ma is going to give resign from SoftBank board of directors on June 25. SoftBank board has found a record financial loss of USD 13 billion. Learn More

Q.2 How many Directors in SoftBank board?

The Softbank Group’s board of directors is having 11 directors. also, it is expected that The Group will expand the number of its board members to 13 directors. Learn More

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