China's Alibaba.com names Maggie Wu new chief financial officer |
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Wed, 11 Jul 2007 12:03
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BEIJING (XFN-ASIA) - Alibaba.com has appointed Maggie Wu as its new chief financial officer, a spokeswoman for the Chinese internet firm told XFN-Asia.Wu will also join the company's board as an executive director, the spokeswoman said.Wu will commence duties as CFO at the end of this month.Before joining Alibaba.com, Wu worked as a partner in audit practice at KPMG in Beijing.Previously, Alibaba Group CFO Joseph Tsai also acted as the finance chief of Alibaba.com's operations.Following a recent reorganization, Alibaba.com became a wholly-owned business-to-business subsidiary of Alibaba Group that acts independently from its parent.While Wu will take charge of Alibaba.com's financial affairs, Tsai will remain CFO of Alibaba Group.joshua.lipes@xfn.com-xfnjps/xfntm/xfnrcCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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