SoftBank Group Reports Management Transition | Financial Buzz

SoftBank Group Reports Management Transition

SoftBank Group Corp. reported that the company and Marcelo Claure have agreed to part ways after a nine year partnership.  As Mr. Claure departs, Michel Combes has been appointed CEO of SoftBank Group International.  Michel Combes will oversee SBGI’s operating and investment portfolio.  Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO of SoftBank Group Corp., said, “Marcelo has made many contributions to SoftBank during his time here and we thank him for his dedication and wish him continued success in his future endeavors. I have great confidence in Michel Combes and the talented SoftBank team to continue with the great work we have underway at SBGI.”

Mr. Claure said, “I will forever be grateful for my experience at SoftBank over the last nine years. I have had the opportunity to collaborate with some of the world’s great executives and entrepreneurs, and tackle several immense professional challenges, which makes the success we achieved together that much more rewarding. Beyond the value we have created for SoftBank stockholders, we have invested in some of the most innovative and disruptive companies that will be industry leaders for decades to come. I am particularly grateful to Masayoshi Son, who gave me the opportunity to thrive at SoftBank and served as a mentor and friend during my tenure.” Mr. Combes said, “I am extremely grateful to Masayoshi Son for this opportunity and to Marcelo for his friendship and partnership.”

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!