Marcelo Claure, a top deputy to SoftBank's founder, Masayoshi Son, will step down as chief operating officer after a dispute over roughly $2 billion in possible compensation
A file photo of Marcelo Claure, COO, Softbank Group, speaking onstage during the 2019 Concordia Annual Summit in New York City.
Image: Riccardo Savi/Getty Images via AFP
Marcelo Claure, a top deputy to SoftBank’s founder, Masayoshi Son, will step down as chief operating officer after a dispute over roughly $2 billion in possible compensation.
SoftBank, a Japanese conglomerate that has made huge investments in startups including WeWork and Uber, is expected to make an official announcement in the coming days about the resignation of Claure, who joined SoftBank in 2017 after running the telecom company Sprint, two people familiar with the negotiations said Thursday.
Michel Combes, a former chief executive of the communications company Altice who serves as president of SoftBank Group International, will assume Claure’s duties running SoftBank’s international operations, according to one of the people, who spoke on the condition of anonymity because the information had not been made public.
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