Top Amazon executive behind retail growth, Kindle quits


San Francisco, Nov 9 (IANS): Long-time senior Amazon executive Steve Kessel who oversaw the e-commerce giant's expansion into retail stores and brought Kindle to life has decided to quit early next year.

Kessel was instrumental in the acquisition of Whole Foods Market, with more than 500 stores, for $13.7 billion this year.

According to a GeekWire report, Kessel's teams will report to Dave Clark, Senior Vice President of Worldwide Operations, at Amazon.

"I want to let everyone know that after 20 years at Amazon I'm closing this chapter (I started at Amazon in 1999 on the books team and spent 7 years working on Kindle so a book metaphor was a must!) and leaving Amazon to focus on community service, not for profit work, and other areas of interest," Kessel wrote in an email.

"It's hard to leave something I've loved doing for so long, inventing alongside a fantastic group of people, but it's a good time to make this change because of the teams and plans we have in place," he added.

Amazon has been moving into the retail store segment, with 4-Star, Books, and autonomous checkout solution Amazon Go.

Amazon's physical stores segment reported $4.2 billion in sales in Q3 2019, representing 6 per cent of the company's overall $70 billion in revenue.

An Amazon spokesperson said in a statement: "Steve will be missed -- he's a customer obsessed leader who has helped build some of Amazon's most innovative businesses, including Kindle, Amazon Go, and others".

Amazon has 526 physical retail locations globally, including 19 Amazon Books stores, four Amazon 4-Star stores and four "Presented by Amazon" outlets.

  

Top Stories


Leave a Comment

Title: Top Amazon executive behind retail growth, Kindle quits



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.