Biography: David Chao
As of June 21, 2023
External Board Director, Independent Officer
Date of birth: November 15, 1966
|June 1988||Joined Recruit Co., Ltd. (currently Recruit Holdings Co., Ltd.)|
|June 1989||Joined Apple Computer, Inc. (currently Apple Japan, Inc.)|
|Aug. 1993||Joined U.S. McKinsey & Company (McKinsey & Company, Inc.)|
|May 1996||Co-Founder and CTO, Japan Communications Inc.|
|Jan. 1997||Co-Founder and General Partner, DCM Ventures (to present)|
|June 2022||Board Director, SoftBank Group Corp. (to present)|
Number of shares held
Mr. David Chao satisfies the qualifications of external directors as provided in Article 2, item 15 of the Corporate Laws.
Reason for nomination and expected role
After joining Apple Computer, Inc. in June 1989, Mr. David Chao was instrumental in the company’s rapid growth and also managed the company’s startup investment portfolio in the U.S. After joining U.S. McKinsey & Company in August 1993, Mr. Chao worked in the telecommunications and software industries, where he was involved in technology, marketing, and financial strategy development projects. Thereafter, having co-founded Japan Communications Inc. in May 1996, where he served as Chief Financial Officer, Chief Technology Officer, and Director, before becoming Co-Founder and General Partner of DCM Ventures in January 1997, Mr. Chao has extensive knowledge and experience in investment, business management, and technology. In addition to offering advice on the Group’s long-term strategies and playing a vital role in business judgments and decision-making processes at the Board, Mr. Chao has also expressed views from the standpoint of minority shareholders of SBG and thus the Board recognizes that he has made significant contributions to the improvement of enterprise value of SBG through the supervisory function.
SBG expects that Mr. Chao will use his wealth of knowledge and experience to supervise SBG and offer advice, and has elected him as an External Board Director for the further growth of the Group.