In September 2018, Alibaba founder Jack Ma announced that he will be stepping down as chairman of the company in one year’s time. He has named company CEO Daniel Zhang (Zhang Yong) as his successor. Although Zhang has been serving as Alibaba’s CEO since 2015, the public doesn’t know much about the quiet, reserved Chinese businessman. In this article, reporter Kong Lingjuan tries to fill the information gap by painting a well-rounded portrait of Zhang based on interviews he gave in the past as well as statements about him from his Alibaba colleagues. Kong addresses Zhang’s shortcomings as well as his strengths.
In this summary, you will learn
- Why Jack Ma chose Daniel Zhang to be his successor,
- How Zhang succeeded and failed within the company, and
- Where Zhang plans to take the company.
About the Author
Kong Lingjuan writes about business and management for the WeChat wemedia account Hua Shang Tao Lue.