THE RETAIL BULLETIN - The home of retail news
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
People Matter
Property
Retail Business Strategy
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
People in Retail Awards 2023
Retail HR Central
Digital Transformation Strategy 2023
Retail Marketplace Strategy
Retail HR 2023
THE Retail Conference 2023
Customer Engagement Strategy 2023
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Alibaba promotes Toby Xu to chief financial officer role

Chinese ecommerce giant Alibaba Group has announced that Toby Xu, its deputy chief financial officer, will succeed Maggie Wu as the company’s chief financial officer from… View Article

GENERAL MERCHANDISE

Alibaba promotes Toby Xu to chief financial officer role

Chinese ecommerce giant Alibaba Group has announced that Toby Xu, its deputy chief financial officer, will succeed Maggie Wu as the company’s chief financial officer from April.

The move is part of the company’s leadership succession plan.

Following Xu’s promotion, Wu will continue as a partner in the Alibaba Partnership and serve as an executive director on the Alibaba board.

Xu joined Alibaba in 2018 and was appointed deputy chief financial officer in 2019. Prior to that, he was a partner at PricewaterhouseCoopers for 11 years. He currently serves as a director of Sun Art Retail Group, Lianhua Supermarket Holdings and Red Star Macalline Group.

Daniel Zhang, chairman and chief executive of Alibaba Group, said: “We are focused on the long-term, and succession within our management team on every occasion is always in the service of ensuring Alibaba will be stronger and better positioned for the future.

“We are certain that Toby is the right person to serve as our new group chief financial officer and, together with the core management team, will help lead our team towards our next success.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News