JD.com appoints its first ever president, founder to focus on long-term strategies

JD Health International

06/09/2021 02:33

SHANGHAI, Sept 6 (Reuters) - China's JD.com  9618.HK  said
on Monday Xu Lei will become the e-commerce giant's first ever
president, making way for chief executive and founder Richard
Liu to devote more time to formulating long-term strategies.
    Lei, previously the CEO of JD Retail, will fill the new
position and lead the day-to-day operation and development of
JD.com's various business units, the company said in a
statement.
    Liu, who started the company that would become JD.com in
1998, will also spend more time mentoring younger management and
contributing to the revitalisation of rural areas, it said. 
    Xin Lijun, who had previously headed up JD Health  6618.HK ,
will take over from Xu as JD Retail's chief while Jin Enlin will
become JD Health's new CEO. 
     "Looking to the future, the correct long-term strategic
design, the growth and development of young talents, and the
healthy and coordinated development of various business units
will continue to be the driving force for JD in doing the
hardest and most challenging, but right and most valuable things
for the industry," Liu said.
    

 (Reporting by Brenda Goh; Editing by Ana Nicolaci da Costa)
 ((brenda.goh@thomsonreuters.com; +86 (0) 21 2083 0088; Reuters
Messaging: brenda.goh.thomsonreuters.com@reuters.net))