THE WHAT? JD.com has announced a leadership change, with Lei Xu being appointed as President of JD.com, Lijun Xin as CEO of JD Retail, and Enlin Jin as CEO of JD Health International, effective immediately.
THE DETAILS Following the reshuffle, Richard Liu, Chairman and CEO of JD.com, will spend more time formulating the company’s long-term strategies, mentoring younger management, and contributing to the revitalization of rural areas.
In his new position Xu will report to Liu, and will be tasked with leading the day-to-day operation and collaborative development of various business units of JD.com.
THE WHY? Talking about the appointments, Liu said, “JD has a sound management structure with a large number of excellent business leaders, who, represented by Mr. Lei Xu, have strong belief in JD’s long-term business philosophy, proven leadership capability and extensive industry experience.
“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.”