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.”


European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 



