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SoftBank's Son leaves Alibaba board following Ma's departure

Jun 25, 2020 - Associated Press
Board and Executive Moves

TOKYO (AP) — Masayoshi Son, the chief executive of Japanese technology company SoftBank Group Corp., said Thursday that he is stepping down from the board of Chinese e-commerce giant Alibaba.

Son announced the change at the end of SoftBank's general shareholders' meeting. He emphasized that the decision was a “happy” one and did not reflect any discord between the companies.

Last month, Alibaba founder and Chinese billionaire Jack Ma left SoftBank's board.

Son said he was...