Michel Combes will take over Claure’s responsibility for SoftBank Group International.

Marcelo Claure (pictured right), chief operating officer at SoftBank Group and the driving force behind its Latin America corporate venturing funds, is leaving after a reported clash over compensation with founder Masayoshi Son.

Michel Combes will take over Claure’s responsibility for SoftBank Group International (SBGI) and oversee its operating and investment portfolio, the company said in a statement.

“Marcelo has made many contributions to SoftBank during his time here and we thank him for his dedication and wish him continued…

James Mawson

James Mawson is founder and chief executive of Global Venturing.