Amazon will lose its chief executive officer for worldwide consumer business after he submitted his resignation after 23 years of service for the company. Dave Clark is leaving, and CEO Andy Jassy confirmed that his top deputy is making his exit on July 1.
Clark’s exit has also been announced via a regulatory filing that was submitted on Friday, June 3. According to CNBC, Amazon has yet to reveal who will take over the role of the outgoing chief of worldwide consumer business, as this was not mentioned in the filing.
Amazon chief Jassy said that the company is still in the process of finalizing the succession plan for Clark’s departure. They will be making a new announcement to give an update within the next few weeks.
Clark also publicly confirmed his decision to leave Amazon via social media. He attached a message that he sent to the Amazon team through an email, telling them how much he loved working for the company and all the people he worked with.
In the caption that came with the email, Clark said explained he had an incredible time at Amazon, but he is leaving because “it is time for me to build again.” He went on to thank the company that he served for more than two decades, where every day at work was “so much fun.”
I've had an incredible time at Amazon but it’s time for me to build again. It's what drives me. To all I've had the honor of working with: thank you for making it so much fun to come to work every day for 23 years to invent cool, amazing things for customers.
— Dave Clark (@davehclark) June 3, 2022
Email to team below pic.twitter.com/c8Ao46VvaJ
It was reported that Clark is one of Amazon’s most important chief executives. He managed the firm’s enormous retail business and has been the worldwide consumer business CEO since 2020 after taking over the role from Jeff Wilke, who stepped down.
During his tenure in this post, Clark handled several of the company’s key units, such as the physical stores, online stores, the Amazon Prime subscription, and the marketplace of third-party sellers. Meanwhile, after the announcement of Clark’s resignation, CEO Jassy also issued an official statement for his colleague who is stepping down.
“Please join me in thanking Dave for his many accomplishments over the years at Amazon and especially for what he’s delivered for customers,” Amazon chief, Andy Jassy, said in a statement. “The past few years have been among the most challenging and unpredictable we’ve faced in the history of Amazon’s Consumer business, and I’m particularly appreciative of Dave’s leadership during that time.”


China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital
SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round
Australia’s Modern Gold Rush: Hobby Prospectors Flock to Victoria’s Golden Triangle
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro
Hong Kong Home Prices Rise for Sixth Straight Month as Rate Cuts Lift Market Sentiment
Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch
China to Cut Import Tariffs on Key Commodities and Medical Products From Next Year
Lloyds Banking Group to Close Invoice Factoring Business by End of 2025
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion
Lockheed Martin Secures $92.8M AEGIS Sustainment Contract from U.S. Navy
Disney Agrees to $10 Million Settlement Over Child Privacy Violations on YouTube
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets
Hyundai Faces Deadline on Russia Plant Buyback Amid Ukraine War and Sanctions
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 



