According to reports in Chinese local media, Lin Xiaohai, Alibaba's vice president and general manager for LST, will be new CEO of RT-Mart and directly report to Alibaba CEO Zhang Yong.
Meanwhile, Huang Mingduan will still be CEO of Sun Art Retail and chairman of RT-Mart China.
Sun Art Retail is one of the largest supermarket retailers in China and it currently operates 486 supermarkets under the RT-Mart and Auchan brands, of which 414 are RT-Mart outlets. In November 2017, Alibaba invested HKD22.4 billion in Sun Art Retail and gained 36.16% shares of the company.
Public files show that Lin joined Alibaba LST in 2016.