SoftBank Group's Michel Combes is leaving his post as head of overseas arm SoftBank Group International (SBGI) five months after taking on the role vacated by former SoftBank Chief Operating Officer Marcelo Claure.
SBGI Managing Partner Alex Clavel will replace Combes as chief executive officer on June 30, SoftBank said in a news release. The division coordinates with SoftBank’s Vision Fund to vet new investments while also providing operational assistance to group and portfolio companies outside Japan.
Combes, who will close a five-year career at SoftBank, adds to a string of key departures in recent months. Claure left the firm following clashes with billionaire founder Masayoshi Son over compensation and responsibilities. Two of the three managing partners at the company’s Latin America Fund departed to start their own venture business in April. In that same month, Ronald Fisher, Son’s long-time lieutenant, also stepped down from his role leading the Vision Fund’s U.S. arm.
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