About
About
We're a global logistics provider offering reliable logistics services, customs clearance and mail & parcel delivery solutions worldwide.
Learn More
Insights

Alibaba appointment: New generations of talent to take the company forward

Alibaba Group said Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the company’s Chief Financial Officer, effective April 1, part of the group’s leadership succession planning.

Toby Xu, Deputy Chief Financial Officer
Toby Xu, Deputy Chief Financial Officer

Wu will continue as a partner and serve as an executive director on the Alibaba board.

Since joining Alibaba almost fifteen years ago, Wu has helped lead three company public listings as CFO: Alibaba.com on the Hong Kong Stock Exchange in 2007, and Alibaba Group Holding on the New York Stock Exchange in 2014 and on the Hong Kong Stock Exchange in 2019.

The succession was widely expected among equity analysts as the group introduced Xu was as Deputy Group CFO during its last investor day and he helped facilitate the Q&A session.