Dave Clark, CEO of Amazon Consumer Business, resigns after 23 years of service
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The company on Friday has announced that Dave Clark, the executive who turned Amazon.com Inc into a worldwide delivery giant, is stepping down as chief executive of the online retailer's consumer business to pursue other opportunities. July 1 will be Clark's last working day with the company.
Amazon CEO Andy Jassy said that a replacement would be expected within a few weeks and that the company has work ahead " to get to where we ultimately want to be" in the division run by Clark.
Clark's departure is the latest in the list of management departures including vice presidents and Bezos himself. This has shaken up the e-commerce and cloud company and further confirms the change of guard at Amazon.
Although executives have tried to maintain the customer focus and startup mentality of their founder.
The online retailer is also facing financial challenges, with a recent $ 2 billion (approximately Rs 15,538 crore) loss because of having built too much warehousing and transportation capacity, according to NDTV.
Clark said in a statement on twitter that he wanted to return to building things. "It's what drives me," he said, adding he leaves Amazon with "a solid multi-year plan to fight the inflationary challenges we are facing in 2022."
Clark no longer wanted Jassy, his new manager, to second-guess him, a person familiar with the matter said. Amazon declined to comment.
After graduating from business school in 1999, Clark joined Amazon in May of the same year. From an operations manager in Kentucky, he rose rapidly to finally take over all of Amazon's retail, logistics, and other customer-facing businesses until last year. He is also credited with creating an in-house delivery operation that rivals industry stalwarts FedEx Corporation and United Parcel Service.
An Amazon logistics vice president until 2017, Michael Indresano said, "He took risks that others wouldn't consider". Clark, his former boss, had the idea of acquiring dozens of planes to give Amazon more control over shipping, and he championed the use of robots in warehouses, Indresano said.
