Thursday, June 23, 2022

Alex Clavel designated SoftBank Group International CEO

KUALA LUMPUR, June 22 (Bernama) -- SoftBank Group Corp (SoftBank) announced that Alex Clavel, currently Managing Partner at SoftBank Group International (SBGI), has been appointed Chief Executive Officer of SBGI, effective June 30, 2022.

According to a statement, Clavel will succeed Michel Combes, who has decided to leave SoftBank to pursue new opportunities.

Clavel will bring seven years of leadership experience at SoftBank across Tokyo, Silicon Valley and New York to the role, in which he will oversee SBGI’s operations and investment portfolio, including its stakes in Boston Dynamics, SoFi, Fortress, T-Mobile, Arm, among other portfolio companies.

Together with the SoftBank Vision Funds, SBGI is responsible for all SoftBank Group Corp activities outside of Japan, including across Europe, the U.S., Asia and Latin America.

Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO of SoftBank Group Corp said: “Building on more than two decades of experience in corporate development and investing Alex has long been a trusted leader at SoftBank in multiple locations around the globe.

“I am confident that his experience – combined with the strong SoftBank team around him – will serve us well as we continue our journey as Vision Capitalists.

“I want to thank Michel for his crucial contributions to SoftBank over the past five years. He has played a critical role in some of our most important investments and assets, and I wish him all the best with his future plans.”

Meanwhile, Clavel said: “I am honoured by the trust Masa has placed in me to lead SBGI and am fortunate to have worked alongside Michel. I am excited to build on our success and for what’s to come.”

Prior to joining SoftBank, Clavel spent 19 years at Morgan Stanley in investment banking, where he focused on technology, media and telecom M&A. He graduated from Princeton University and speaks French, Japanese and Mandarin Chinese.

More details at https://group.softbank/en.

-- BERNAMA

No comments:

Post a Comment