David Clark, the executive responsible for transforming Amazon into a global delivery force, is leaving his role as chief executive of its consumer business after 23 years at the world's biggest e-commerce company.
The Seattle-based company, one of the most valuable in the world, made the announcement in a regulatory filing to the US Securities and Exchange Commission on Friday. Amazon said the resignation is effective from July 1, but did not elaborate.
Mr Clark, in an e-mail to his team he posted on his Twitter and LinkedIn accounts, said he had thought over leaving “for some time” and wanted to return to building, acknowledging that he was able to “hone those skills” while at Amazon.
“Success is rarely achieved alone and this was absolutely true for me at Amazon. The successes we enjoyed over the years were a direct result of Amazonians coming together from across the company to deliver the best experience possible to our customers,” wrote Mr Clark, who was responsible for building a delivery operation that rivalled FedEx and United Parcel Service.
“I have discussed my intent to transition out of Amazon with my family and others close to me, but I wanted to ensure the teams were set up for success.”
Mr Clark's departure is the latest in a number at Amazon, which had for years been under the stewardship of veteran leaders. Those who have left included vice presidents and even its founder, billionaire Jeff Bezos.
It is also the second high-profile exit by an executive at a major technology company this week. Sheryl Sandberg, the No 2 at Facebook owner Meta Platforms who helped grow the company into the world's largest social media platform, on Wednesday announced that she was stepping down after 14 years of service.
Andy Jassy, who replaced Mr Bezos as chief executive last year, is expected to appoint Mr Clark's replacement in the next few weeks.
Mr Clark said in his statement that he was confident of his timing to leave now.
“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 said.
Mr Clark was instrumental in guiding Amazon during the Covid-19 pandemic, in which he implemented several changes — reportedly at around 150 — from social distancing to installing temperature scanners at Amazon warehouses.
He also had to deal with a number of challenges, including scrutiny of Amazon's safe working conditions and fending off the increase in the organising of labour unions. He was never shy in his defence of Amazon, at times even talking directly to critics.
More recently, Mr Clark had to deal with worker shortage and higher fuel prices, which led to Amazon's first fuel and inflation surcharge on merchants, who pay the company to fulfill their products in the US, among other measures to address rising inflation and costs.
Mr Clark said, however, that Amazon has a “solid multi-year plan to fight the inflationary challenges we are facing in 2022".
Michael Indresano, a former Amazon logistics vice president who was under Mr Clark, said Mr Clark came up with the idea of acquiring planes to give the company more control over shipping, promoted the use of robots and “took risks that others wouldn't consider”.
Mr Clark joined Amazon in May 1999, a day after graduating from business school. His role was an operations manager in Kentucky then he quickly ascended the ranks, eventually running all of Amazon's retail, logistics and other consumer-facing businesses.
Reuters contributed to this report
COMPANY%20PROFILE
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Honeymoonish
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The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 620bhp
Torque: 760Nm
Price: Dh898,000
On sale: now
Fight card
- Aliu Bamidele Lasisi (Nigeria) beat Artid Vamrungauea (Thailand) POINTS
- Julaidah Abdulfatah (Saudi Arabia) beat Martin Kabrhel (Czech Rep) POINTS
- Kem Ljungquist (Denmark) beat Mourad Omar (Egypt) TKO
- Michael Lawal (UK) beat Tamas Kozma (Hungary) KO
- Zuhayr Al Qahtani (Saudi Arabia) beat Mohammed Mahmoud (UK) POINTS
- Darren Surtees (UK) beat Kane Baker (UK) KO
- Chris Eubank Jr (UK) beat JJ McDonagh (Ireland) TKO
- Callum Smith (UK) beat George Groves (UK) KO
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
RESULTS
Time; race; prize; distance
4pm: Maiden; (D) Dh150,000; 1,200m
Winner: General Line, Xavier Ziani (jockey), Omar Daraj (trainer)
4.35pm: Maiden (T); Dh150,000; 1,600m
Winner: Travis County, Adrie de Vries, Ismail Mohammed
5.10pm: Handicap (D); Dh175,000; 1,200m
Winner: Scrutineer, Tadhg O’Shea, Ali Rashid Al Raihe
5.45pm: Maiden (D); Dh150,000; 1,600m
Winner: Yulong Warrior, Richard Mullen, Satish Seemar
6.20pm: Maiden (D); Dh150,000; 1,600m
Winner: Ejaaby, Jim Crowley, Doug Watson
6.55pm: Handicap (D); Dh160,000; 1,600m
Winner: Storyboard, Richard Mullen, Satish Seemar
7.30pm: Handicap (D); Dh150,000; 2,200m
Winner: Grand Dauphin, Gerald Mosse, Ahmed Al Shemaili
8.05pm: Handicap (T); Dh190,000; 1,800m
Winner: Good Trip, Tadhg O’Shea, Ali Rashid Al Raihe
Profile box
Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India
Emirates exiles
Will Wilson is not the first player to have attained high-class representative honours after first learning to play rugby on the playing fields of UAE.
Jonny Macdonald
Abu Dhabi-born and raised, the current Jebel Ali Dragons assistant coach was selected to play for Scotland at the Hong Kong Sevens in 2011.
Jordan Onojaife
Having started rugby by chance when the Jumeirah College team were short of players, he later won the World Under 20 Championship with England.
Devante Onojaife
Followed older brother Jordan into England age-group rugby, as well as the pro game at Northampton Saints, but recently switched allegiance to Scotland.
The biog
Family: wife, four children, 11 grandchildren, 16 great-grandchildren
Reads: Newspapers, historical, religious books and biographies
Education: High school in Thatta, a city now in Pakistan
Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India
Happiness: Work on creative ideas, you will also need ideals to make people happy
Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
The%20specs
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