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Notable 2022 Global CEO Shakeups
Forbes Middle East - English
|Jan 2023
A turbulent year of economic and geopolitical upheavals witnessed several CEO departures from global companies in 2022. Here are five of the most notable exits.
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Richard Liu
Company: JD.com Headquarters: Beijing, China
Richard Liu, the billionaire founder of JD.com, gave up the CEO role in April 2022 to focus on guiding the Chinese e-commerce firm’s long-term strategies as the chairman of the company’s board. Liu started a retail shop in 1998 and moved the business online in 2004 to what would become JD.com today. JD.com is one of China’s biggest online retailers, boasting strategic alliances with Chinese internet behemoth Tencent Holdings and U.S. retail giant Walmart. Forbes estimated Liu’s net worth to be 12.4 billion as of December 12, 2022, making him one of China’s richest people. Lei Xu, who was president of JD.com, took over as CEO.
Ben Silbermann
Company: Pinterest Headquarters: California, U.S.
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