JD.com says CEO Xu Lei will step down in June “due to personal reasons”, after one year in the role; CFO Sandy Ran Xu will become the CEO (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
JD.com says CEO Xu Lei will step down in June “due to personal reasons”, after one year in the role; CFO Sandy Ran Xu will become the CEO  —  – JD.com shares rose in pre-market trade in the U.S. on Thursday after it said it swung to profit in the first quarter and announced a management shakeup.

Author: . [Source Link (*), Techmeme]

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