Jane Penner will be moving to Alibaba as head of its investor relations and will be getting the position of a VP. The appointment has already been announced in an internal memo and will be publicly announced today.
Jane will be San Francisco base along with some other Alibaba executives.
This is another very clear indication of Alibaba hiring top talent for gaining a visibility at Wall Street. Earlier it had hired Him Wilkinson, an executive from PespsiCo and positioned it as SVP for handling its corporate affairs.
Alibaba is likely to see its IPO on around May, therefore, it has been center of attention right now. The IPO from Alibaba is expected to be one of the largest IPOs ever with a range of $150 billion to $200 billion.
Jane Penner joined Google in 2008.