Telecom Career: Alibaba CEO to retire in May

Staff writer
21 Jan 2013
Daily News

Alibaba CEO Jack Ma to retire in May

Jack Ma, the founder and CEO of Chinese e-commerce firm Alibaba Group, has announced that he will step down from his role as CEO of the company on May 10. Ma will continue to serve as Alibaba Group's chairman of the board. The company will announce its new CEO on May 10.

Separately, Yahoo’s Jacqueline Reses joined Alibaba Group’s board of directors. Reses joins Ma, Masayoshi Son and Joe Tsai as one of four directors on the Alibaba board.

Reses is EVP of people and development at Yahoo, where she is responsible for leading corporate and business development, and human resources and talent acquisition globally.

Lloyd Carney takes helm at Brocade

Brocade has appointed Lloyd Carney as its CEO, succeeding Michael Klayko, who has served as CEO since 2005. He will also join Brocade’s board of directors.

Most recently, Carney was CEO and member of the board of directors at Xsigo Systems, a privately held company specializing in data center virtualization.

Prior to that, Carney had held key senior leadership positions at major networking companies including Micromuse, Juniper Networks and Nortel Networks.

Separately, Johnson Chiu has joined Brocade as channel director for Asia Pacific.

Chiu is based in Singapore, and reports directly to Brocade’s vice president for APAC, Charlie Foo. In his new role, Chiu will spearhead partner strategies and programs.

He comes to Brocade from NetApp, where he led the channel, alliance and marketing organization in the Greater China region.

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