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Marcelo Claure to Depart SoftBank by Mutual Settlement
Michel Combes Appointed CEO of SoftBank Group Worldwide
Tokyo–(ANTARA/Enterprise Wire)- SoftBank Group Corp. (“SoftBank”) right now introduced that the corporate and Marcelo Claure have mutually agreed to half methods after a profitable nine-year partnership. Along side Mr. Claure’s departure, Michel Combes has been appointed as CEO of SoftBank Group Worldwide (“SBGI”). On this place, he’ll oversee SoftBank Group Worldwide’s working and funding portfolio*.
Masayoshi Son, Consultant Director, Company Officer, Chairman & CEO of SoftBank Group Corp., stated, “Marcelo has made many contributions to SoftBank throughout his time right here and we thank him for his dedication and need him continued success in his future endeavors. I’ve nice confidence in Michel Combes and the gifted SoftBank crew to proceed with the nice work now we have underway at SBGI.”
Mr. Claure stated, “I’ll perpetually be glad about my expertise at SoftBank over the past 9 years. I’ve had the chance to collaborate with a number of the world’s nice executives and entrepreneurs, and sort out a number of immense skilled challenges, which makes the success we achieved collectively that rather more rewarding. Past the worth now we have created for SoftBank stockholders, now we have invested in a number of the most progressive and disruptive firms that might be trade leaders for many years to return. I’m notably grateful to Masayoshi Son, who gave me the chance to thrive at SoftBank and served as a mentor and pal throughout my tenure.”
Mr. Combes stated, “I’m extraordinarily grateful to Masayoshi Son for this chance and to Marcelo for his friendship and partnership.”
As CEO of SBGI and Company Officer, Govt Vice President & COO of SoftBank, Mr. Claure helped lead extremely consequential initiatives over the past a number of years, together with the turnaround of Dash and the T-Cell/Dash merger, the profitable repositioning of WeWork, the launch of Latin America’s largest enterprise capital fund, and the launch of the SB Alternative Fund to put money into underrepresented racial minorities.
*SBGI consists of SoftBank Latin America Funds and the SB Alternative Fund.
Michel Combes Biographical Info
Mr. Combes has important management expertise at multinational firms throughout industries. He joined SBGI as President in April 2020 and serves on a number of boards of administrators of SoftBank portfolio firms, together with WeWork Inc., OneWeb, SoFi Applied sciences, Inc, Contentsquare, Jellysmack and Swile. Mr. Combes additionally serves on the boards of administrators of Philip Morris Worldwide and Etisalat Group.
Earlier than becoming a member of SBGI, Mr. Combes served as CEO of Dash. Earlier than Dash, Mr. Combes served as CEO of a number of firms, together with Altice, Alcatel-Lucent and Vodafone Europe. Mr. Combes is a graduate of École Polytechnique, Télécom ParisTech and Paris Dauphine College.
About SoftBank Group
Contacts
Japan:
+81 3 6889 2300
United States:
Sard Verbinnen & Co
Paul Kranhold / Benjamin Spicehandler / Hannah Dunning
For Claure Group LLC:
Abernathy MacGregor
Tom Johnson
Supply: SoftBank Group Corp.
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