Jonathan Lu or Lu Zhaoxi (Chinese: 陆兆禧; pinyin: Lù Zhàoxǐ; born 1969) is an honorary partner of Alibaba Group.[1] From 2013 to 2015, Lu served as Alibaba's CEO.[2] He was succeeded by Daniel Zhang.[3]
Jonathan Lu | |
|---|---|
| 陆兆禧 | |
| CEO of Alibaba Group | |
| In office March 11, 2013 – May 10, 2015 | |
| Preceded by | Jack Ma |
| Succeeded by | Daniel Zhang |
| Personal details | |
| Born | 1969 (age 54–55) Guangzhou |
| Occupation | Businessperson |
Biography edit
Early life and education edit
When Lu was in highschool, he wanted to be an architect. However, according to his statements, he forgot to complete a page on his Gaokao Exam and ended up getting a degree in hotel management from Guangzhou University. After graduation, he worked as a receptionist at a Holiday Inn in Guangzhou.[4]
Career edit
According to his public statements, before being tapped to become CEO, Lu worked at Alibaba for 13 years, including stints with the business-to-business division (alibaba.com), Taobao.com, and Yun OS.[4]
In 2013, Jack Ma selected Lu as his successor as CEO. During his tenure as CEO, Lu oversaw Alibaba's $21.8 billion IPO.[5] At the end of his tenure, Alibaba was doing well, beating market expectations, but there were rumors that Jack Ma, Alibaba's founder, no longer trusted Lu's ability to run the company.[6]
In 2015, Lu was the first senior manager to be named an "Honorary Partner", effectively retiring.[1] As of 2017[update], Lu has a net worth of 1.1 billion US dollars. [7]
References edit
- ^ a b "井贤栋接替陆兆禧出任阿里巴巴集团董事". tech.sina.com.cn. Retrieved 2017-10-02.
- ^ Lunden, Ingrid. "Alibaba Names Insider Jonathan Lu As New CEO, Replacing Founder Jack Ma". TechCrunch. Retrieved 2017-10-02.
- ^ Flannery, Russell. "Who Is Alibaba's New CEO?". Forbes. Retrieved 2017-10-02.
- ^ a b "Alibaba CEO Lu Rises From Holiday Inn Job to Ma Confidant: Tech". Bamboo Innovator. 2013-11-18. Retrieved 2017-10-02.
- ^ "IT'S OFFICIAL: ALIBABA WILL BE THE LARGEST IPO EVER". Business Insider. Retrieved 2017-10-02.
- ^ "Alibaba's CEO replaced". Business Insider. Retrieved 2017-10-02.
- ^ "Lu Jonathan". Forbes. Retrieved 2017-10-02.