Great article on CNBC today. Here’s an excerpt:
Too old for the job and time to make room for the younger generation? Jack Ma thinks so.
He’s the CEO of Alibaba Group, the e-commerce conglomerate who said Tuesday he’s stepping down from his post in May.
Jack Ma is not even a baby boomer. He’s 48 years old. But he says he’s feeling the strain of his job. “When I was 35, I was so energetic and fresh-thinking, I had nothing to worry about,” Ma said in an interview.
In an email to employees, Ma said: “It’s because I see that Alibaba’s young people have better, more brilliant, dreams than mine, and they are more capable of building a future that belongs to them.”