Alibaba CEO Daniel Zhang to succeed Jack Ma as Chairman
He emphasised that no company can rely solely on its founders and that the company believed the only way to solve the problem of corporate leadership succession was "to develop a system of governance based on a unique culture and mechanisms for developing consistent talent and successors".
Alibaba Partnership is currently comprised of 36 partners, who are also members of senior management of Alibaba Group or its affiliates, Image source:Reuters