Amazon CEO of Worldwide Consumer Dave Clark Resigns

Dave Clark, CEO of Amazon's worldwide consumer business and a top lieutenant of CEO Andy Jassy, will resign July 1, after 23 years at the company, Amazon announced in a regulatory filing Friday. Amazon did not name a replacement for Clark. CNBC reports: In a blog post announcing his exit, Jassy said Amazon is in the process of firming up a succession plan for Clark, and will announce an update "over the next few weeks." "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," Jassy said.

In a tweet, Clark said he felt it was the right time to leave Amazon. "As much as I have loved the ride, it is time for me to say goodbye to start a new journey," Clark said in an email to employees, which he shared on Twitter. "For some time, I have discussed my intent to transition out of Amazon and with my family and others close to me, but I wanted to ensure the teams were set up for success. I feel confident that time is now."

Clark is one of a handful of the most important executives at Amazon, overseeing the company's sprawling retail business, and a member of Jassy's S-Team, a tight-knit group of over a dozen senior executives from almost all areas of Amazon's business. He took over the role in 2020 after Jeff Wilke stepped down. As CEO of Amazon's worldwide consumer business, Clark oversees a number of key units, including online stores, physical stores, the marketplace of third-party sellers, and the Amazon Prime subscription business, all of which generated more than 75% of Amazon's revenue in the quarter ended March 31.

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