https://www.reuters.com/article/us-alibaba-management/alibabas-jack-ma-to-step-down-in-one-year-hand-baton-to-ceo-zhang-idUSKCN1LQ035

Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on the reins to trusted lieutenant Daniel Zhang.