Marcelo Claure To Leave SoftBank Group

SoftBank Group said Marcelo Claure, the chief operating officer who helped clean up problems at the firm’s investments, including WeWork and Sprint, is leaving the company, The Wall Street Journal reported.

Claure is the latest lieutenant of SoftBank founder Masayoshi Son to depart the Tokyo-based investment company, which runs the technology-focused Vision Fund and owns a large stake in Alibaba Group.

Read the full report: The Wall Street Journal

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.