Jonathan Lu | |
---|---|
Born | 1969 (age 47–48) Guangzhou |
Nationality | People's Republic of China |
Occupation | Businessperson |
Employer | Alibaba Group |
Net worth | 1.1B USD |
Predecessor | Jack Ma |
Successor | Daniel Zhang |
Jonathan Lu (Chinese: 陆兆禧; pinyin: Lù Zhàoxǐ) (1969-present) is an honorary partner of Alibaba group. From 2013 to 2015, Lu served as Alibaba's CEO. He was succeeded by Daniel Zhang.
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.
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.
In 2013, Jack Ma selected Lu as his successor as CEO. During his tenure as CEO, Lu oversaw Alibaba's $21.8 billion dollar IPO. 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.
In 2015, Lu was the first senior manager to be named an "Honorary Partner", effectively retiring. As of 2017[update], Lu has a net worth of 1.1 billion US Dollars.