June 5, 2022
1 min read

Amazon retail CEO resigns after 23 years


Clark said that 23 years ago, he took what felt like a big personal bet when he joined Amazon out of grad school…reports Asian Lite News

Amazon has announced that Dave Clark, its CEO of worldwide consumer business, is leaving the company after 23 years.

Clark played a key role in developing Amazon’s expansive and speedy supply chain.

“After 23 years with Amazon, Dave Clark has decided to leave the company to pursue other opportunities. His last day in the office will be July 1,” Amazon CEO Andy Jassy said in a statement late on Friday.

The company also declared the move in a filing with the US Securities and Exchange Commission (SEC).

Clark will be resigning to “pursue other opportunities”.

Clarsk joined Amazon’s Operations Pathways Programme in May 1999 — just a day after graduating from his MBA programme — and helped the company build and scale the consumer operations.

“He’s led teams who’ve designed several generations of FCs, built out Amazon’s transportation network from scratch, and has developed significant talent throughout the organisation,” said Jassy.

Clark said that 23 years ago, he took what felt like a big personal bet when he joined Amazon out of grad school.

“We were a small company with only six fulfillment centres that year, but growing fast. I was drawn to the opportunity at Amazon because of the people I met when I came to Seattle,” he said.

“We have a great leadership team across the Consumer business that is ready to take on more as the company evolves past the customer experience challenges we took on during the COVID-19 pandemic,” he added.

Clark oversaw online stores, physical stores, the marketplace of third-party sellers and the Amazon Prime subscription business.

ALSO READ-Amazon sacks 2 workers who helped organise its 1st union

Previous Story

Advocacy groups launch campaign against Musk’s twitter deal

Next Story

India adds  70,000 startups in 8 years

Latest from Business

GST Reform Fuels Record Car Sales Surge

India’s automotive industry is experiencing a massive boost following the implementation of GST 2.0, with car sales more than doubling to over half a million units in just a month, according to

India’s E&M Sector Enters a New Growth Phase

India’s cinema market is multilingual, and many regional industries are now rivalling Hindi output in volume and box-office share … writes Rafeek Ravuther The Indian film sector is undergoing a meaningful transformation.

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by stable liquidity and external conditions State Bank of India (SBI)

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from a payment tool to a full-fledged embedded finance ecosystem Unified
Go toTop

Don't Miss

Amazon eager to fill void left by Starlink in India

Project Kuiper is an initiative to launch a constellation of

Amazon Unveils ‘Bazaar’

The e-commerce giant also mentioned that Bazaar will offer sellers