Doug Herrington has been named as the CEO of Amazon’s consumer business, which is also known as worldwide Amazon stores.
Herrington joined Amazon in 2005, where he has since helped build out the company’s consumer business by launching AmazonFresh in 2007 and leading the company’s North American consumer business
Herrington replaces, Dave Clark, who previously oversaw the company’s retail and logistics business. Clark announced his exit from Amazon earlier this month, which came after 23 years with the company. The executive shared the email he sent to his team on Twitter and LinkedIn but did not announce his next venture. His resignation is effective July 1.
“I am a builder at heart – it’s what drives me,” Clark wrote. “For me there has been no greater company to hone those skills than here at Amazon. As much as I have loved the ride, it is time for me to say goodbye to start a new journey.”
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.
Email to team below pic.twitter.com/c8Ao46VvaJ
— Dave Clark (@davehclark) June 3, 2022
Amazon announced the departure in a regulatory filing and on its website.
“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,” Amazon CEO Andy Jassy wrote in a letter to employees.
Clark served as Amazon’s CEO of worldwide consumer since January 2021, where he oversaw the company’s retail and logistics business. Prior to that role, Clark held a variety of positions at Amazon, including SVP of worldwide operations, VP of worldwide operations, VP of global customer fulfillment and VP of North America operations.
Clark said he leaves the company “knowing that the leaders in the consumer business are world class and will take the next phase of Amazon to remarkable levels of success.”
He added that Amazon’s consumer business team also has a “solid multi-year plan to fight the inflationary challenges” the company is facing in 2022.
Amazon also announced that Amazon’s operations organization will be consolidated under John Felton, who served as the SVP of global delivery services.
The Seattle-based tech company in April reported a $3.8 billion net loss in the first quarter, compared to a net income of $8.1 billion in the same period last year. Amazon said that its first quarter performance includes a pre-tax valuation loss of $7.6 billion due to its investment in electric car company Rivian Automotive, resulting in the net loss.
Looking ahead, Amazon expects net sales to be between $116 billion and $121 billion, or to grow between 3% and 7% compared to the same period last year.