China's Ant Group CEO leaves after failed IPO prompts revamp

China's Ant Group CEO leaves after failed IPO prompts revamp

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-ant-group-ceo/chinas-ant-group-ceo-leaves-after-failed-ipo-prompts-revamp-idUSKBN2B41IO

China's Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant's business, the first top management exit since a scuppered $37 billion initial public offering.