Liu Qiangdong continues to serve as the chairman of the board of directors of Jingdong .
On the morning of April 7, JD.com announced that Liu Qiangdong would step down as CEO of JD.com and be replaced by Xu Lei , president of JD.com. Liu Qiangdong will continue to serve as the chairman of JD.com's board of directors.
According to the announcement, Xu Lei will be responsible for the daily operations of JD.com and continue to report to Liu Qiangdong, who will devote more energy to long-term strategic design, major strategic decision-making and deployment, training of young leaders and rural revitalization.
Liu Qiangdong's resignation this time also means that he will further stay away from front-line daily business and focus on long-term strategies. However, according to senior sources close to JD.com, after he resigns this time, Liu Qiangdong will still participate in JD.com's monthly SEC (Strategic Executive Committee) meetings and quarterly business analysis meetings, and will not completely stay away from the company's business.
"JD.com has entered a period of steady development from business to management. Xu Lei has been in JD.com for more than ten years and has the ability to be a leader," the person said.
Xu Lei joined JD.com in 2009 and has served as the head of JD.com's marketing and brand, head of JD.com's wireless business department, and head of platform operations. In September last year, Xu Lei was promoted to president of JD.com.
2013, Jack Ma resigned as the CEO of Alibaba Group . After 6 years, he further stepped down as the chairman of the board of directors of the group and handed over the company to Zhang Yong to manage. What is praised by the outside world is that the partner system of Ali ensures a smooth transition of management.
also has a similar decision-making mechanism in JD.com - the Strategic Executive Committee (SEC) and the Strategic Decision Committee (SDC). The former is composed of heads of various business sectors and functional systems, while the latter is composed of dozens of front-line business department heads of the group. , After more than 3 years of running-in and operation, its decision-making mechanism has become increasingly mature.
Since last year, a number of Internet giant founders have announced their commitment to longer-term careers.
ByteDance founder Zhang Yiming will step down as ByteDance CEO and chairman of the board in May and November 2021, and will be succeeded by co-founder Liang Rubo . Zhang Yiming said that he will no longer focus on the daily management of the company and focus on long-term important issues such as long-term strategy, corporate culture and social responsibility.
The founder of Pinduoduo Huang Zheng also stepped down as the chairman of Pinduoduo in March last year, and was succeeded by the current CEO Chen Lei. Huang Zheng said that he will devote himself to related research in the fields of food science and life science in the future.
According to the Q4 financial report of JD.com last year, its net income was 275.9 billion yuan, a year-on-year increase of 23.0%. The operating profit under Non-GAAP reached 2.8 billion yuan, which was better than last year's 1.2 billion yuan. In the fourth quarter of the overall sluggish consumption, JD.com Performance shows resilience.
As of the close of U.S. stocks on the morning of April 6, JD.com’s stock price closed at $59, down 3%.
