{"id":3573,"date":"2018-09-11T22:00:45","date_gmt":"2018-09-11T14:00:45","guid":{"rendered":"https:\/\/www.everydayonsales.com\/news\/?p=3573"},"modified":"2018-09-11T22:00:45","modified_gmt":"2018-09-11T14:00:45","slug":"jack-ma-is-retiring-as-alibabas-chairman","status":"publish","type":"post","link":"https:\/\/www.everydayonsales.com\/news\/jack-ma-is-retiring-as-alibabas-chairman\/","title":{"rendered":"Jack Ma is Retiring As Alibaba’s Chairman?!?"},"content":{"rendered":"

\"\"<\/p>\n

Jack Ma who is famously know as tech titan Alibaba\u2019s founder and aside form that he is also well know as singer,\u00a0Michael Jackson impersonator,\u00a0martial arts movie star\u00a0and\u00a0coffee connoisseur\u00a0\u2014 has just announced his plans to step down as Alibaba\u2019s chairman exactly a year from now.<\/p>\n

Jack Ma, who has co-founded Alibaba in his apartment 19 years ago and has led it ever since, and the latest news is that will step down as chairman a year from Monday, the company said. He will be succeeded by Daniel Zhang, currently Alibaba\u2019s chief executive.<\/p>\n

This retirement news was announced on Monday, Sept. 10, which was also his 54th birthday and Teacher\u2019s Day in China, where in his\u00a0letter<\/a>\u00a0addressed to Alibaba\u2019s employees, customers and investors:<\/p>\n

\u201cThe world is big, and I am still young, so I want to try new things \u2014 because what if new dreams can be realised?!\u201d<\/p><\/blockquote>\n

We could see Jack Ma teaching again as Jack Ma has mentioned that he wants to devote most of his time to philanthropy, focusing on education, after retirement.<\/p>\n

This was the statement made in a\u00a0Bloomberg interview<\/a>\u00a0on Sept. 7 just three days before he made the announcement where he has hinted at his plans to retire:<\/p>\n

\u201cI miss (teaching) very much.<\/p>\n

I came to the business field by accident. I think someday, very soon, I\u2019ll go back to teaching, go back to education.<\/p>\n

This is something I\u2019m much more confident (in). I think I can do it much better than being Alibaba\u2019s CEO.\u201d<\/p><\/blockquote>\n

Honestly, we do feel that we are gonna miss him but kudos to him for following his dream and devoting himself to education to help more people.<\/p>\n

Let us know what is your feeling on his retirement. We would love to hear from you!<\/p>\n","protected":false},"excerpt":{"rendered":"

Jack Ma who is famously know as tech titan Alibaba\u2019s founder and aside form…<\/p>\n","protected":false},"author":3,"featured_media":3574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[89],"tags":[652],"class_list":["post-3573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-jack-ma"],"acf":[],"yoast_head":"\nJack Ma is Retiring As Alibaba's Chairman?!? - EverydayOnSales.com News<\/title>\n<meta name=\"description\" content=\"Jack Ma has just announced his plans to step down as Alibaba\u2019s chairman exactly a year from now. 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