Japanese multinational conglomerate SoftBank announced that Alex Clavel has been appointed as Chief Executive Officer of SBGI effective June 30, 2022.

Clavel is currently the Managing Partner at SoftBank Group International (SBGI) and will succeed Michel Combes, who has decided to leave SoftBank to pursue new opportunities.

He will bring seven years of leadership experience at SoftBank across Tokyo, Silicon Valley and New York to the role, in which he will oversee SBGI’s operations and investment portfolio, including its stakes in Boston Dynamics, SoFi, Fortress, T-Mobile, Arm, among other portfolio companies.

Together with the SoftBank Vision Funds, SBGI is responsible for all SoftBank Group’s activities outside of Japan, including across Europe, the U.S., Asia and Latin America.

Clavel commented,

“I am honored by the trust Masa has placed in me to lead SBGI and am fortunate to have worked alongside Michel.

 

I am excited to build on our success and for what’s to come.”

Masayoshi Son, Representative Director, Corporate Officer, Chairman and CEO of SoftBank Group said,

“Building on more than two decades of experience in corporate development and investing, Alex has long been a trusted leader at SoftBank in multiple locations around the globe. I am confident that his experience – combined with the strong SoftBank team around him – will serve us well as we continue our journey as Vision Capitalists.

 

I want to thank Michel for his crucial contributions to SoftBank over the past five years. He has played a critical role in some of our most important investments and assets, and I wish him all the best with his future plans. I’m glad he will remain part of the SoftBank family by continuing to represent us on various portfolio company boards.”