Chief Executive Officer Tianmao Tian Ma, who was attracting attention as a young talent potential to become the next president of China's Alibaba Group, was punished by the company for privacy issues.

He retained his position as CEO of Tianmao Corporation, which is responsible for the two major e-commerce platforms, Alibaba and Timol.

It was also analyzed that this was virtually driven out of the group leadership of Alibaba Group, including founder groups such as Marwin, so his 'Prince' status was deprived.

On the 27th, according to Chinese media such as Chaishin, Alibaba Group announced the results of the investigation of the chief executive officer on the company's network.

Alibaba Group says no CEO Zhang has unfairly provided profits to Internet star Zhangdai and his affiliate Luhan, who are suspected of inappropriate relationships.

Alibaba, however, decided to deprive him of the status of his partner committee and leave disciplinary action in the personnel records because of improper handling of personal matters, which caused great harm to the company's reputation.

Alibaba also added that it has decided to demote the ranks of the chief executive officers from the former senior vice-governor (M7) to vice-governor (M6), and to return the bonus of last year in full.

The focus of the investigation was focused on whether Zhang's chief executives, rather than private companies, provided unfair profits or convenience to Zhangdai through Taobao and Timol.

It is pointed out that in China's economy, disqualification of partners is the most fatal among the four chief executives.

The Partnership Committee, which includes a large group of founders such as Marwin, is the de facto chief powerhouse to determine Alibaba's senior positions and business direction.

As the 35-year-old chief executive, this year, the 'class' in the group was the vice-governor's level, but was evaluated as a member of the partner committee last year, who was dropped in advance as the next president.

The fact that disciplinary facts formally remain in the personnel records can also hold his ankle at a decisive moment in the midst of fierce internal competition.

In addition, due to class relegation and deprivation of bonuses last year, chief executive officers are expected to suffer at least hundreds of millions of dollars in economic damage.

Alibaba Group's position is that Chief Executive Officer will continue to function normally even in this discipline.

An Alibaba official said to Chaisin, "Even a relegation, there will be no change in the job duties and division of duties in the floor."

Chief Executive's wife told Wei Dai, a famous Internet star, on Weibo (Chinese Twitter) on the 17th, saying, "This is the first and the last warning. I'm not standing still after touching my husband once again." Has been triggered.

Model-based internet star Zhang Dai has rapidly grown into a popular shopping host that earns a huge amount of sales through a shopping mall broadcast in Alibaba.

His annual income was once known to exceed the annual income of Pan Bing Bing, one of China's most popular entertainers.

Unfortunately, many of China's affiliates, Luhan, had a 7.4% stake in Alibaba, and in China, there were a few people wondering if Alibaba was actively boosting its business.

After graduating from Fudan University's Computer Science Department in Shanghai, Chief Executive Officer worked for a while at Google China, and founded Yoo Mong, a mobile developer service platform.

In 2013, Alibaba acquired the company and became a member of Alibaba.

Since then, CEO Jang has been promoted to the high speed by catching the eye of Alibaba, such as Marwin.

In 2017, he was the 32-year-old governor in charge of the Internet shopping mall Taobao business. Last year, he was also the chief executive officer and corporate representative of Tianmao Corporation, which oversees the business-to-consumer business (B2C) of Alibaba Group such as Taobao and Timol.

(Photo = Alibaba Group homepage, Yonhap News)