Amid testing times, SoftBank Group Int'l CEO leaves after 5 months on job

Five years of deploying billions of dollars into some of world's most celebrated startups saddled SoftBank Group with a record loss in the year ended in March after a global rout in tech valuations

SoftBank Group Corp.’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