Register

    Longtime Amazon executive Jeff Wilke to retire next year

    By SHOOTUpdated:No Comments875 Views

    By Joseph Pisani, Retail Writer

    NEW YORK (AP) --

    Amazon's retail chief Jeff Wilke, who helped the company transform itself from an online bookstore into a global colossus, is retiring early next year. 

    Wilke, 53, has been with Amazon for more than two decades and was regarded as a potential successor to founder and CEO Jeff Bezos. His responsibilities grew along with the company, running not just Amazon.com, but the Whole Foods grocery chain and its physical book stores. 

    Wilke is often referred to within Amazon as "The other Jeff" to differentiate him from Bezos. The two have worked closely together since Wilke joined the company in 1999, four years after Amazon.com started selling books online.

    He will be replaced by Dave Clark, who runs Amazon's warehouses and delivery network, the Seattle-based company said Friday. Clark, who also joined the company in 1999, has sped up delivery times by expanding Amazon's fleet of vans and jets, allowing it to relying less on UPS and the postal service. 

    Amazon's growing power, however, has brought increased scrutiny from lawmakers in the U.S. and abroad. Last month, Bezos was questioned by Congress about how the company treats its third-party sellers, who list and sell goods on Amazon.com. Bezos told Congress that he couldn't guarantee that employees weren't looking at seller data to create competing products, an allegation that the company and its executives had previously denied.

    Last year, at an Amazon conference Las Vegas, Wilke said he welcomed the scrutiny. 

    "I think that substantial entities in the economy deserve scrutiny,'" Wilke said at the time. "Our job is to build the kind of company that passes that scrutiny."

    In an email to staff Friday, Wilke said that he doesn't have another job lined up.

    "So why leave? It's just time," he wrote in the email. "Time for me to take time to explore personal interests that have taken a back seat for over two decades."

    Wilke said he will focus on running the company through the holiday season, which is shaping up to be the busiest one yet for Amazon. Sales have skyrocketed as online sales boom during the pandemic. 

    "He is simply one of those people without whom Amazon would be completely unrecognizable," Bezos wrote in a memo to staff. "Thank you, Jeff, for your contributions and your friendship."

    Tags:AmazonJeff BezosJeff Wilke



    A Closer Look At Proposed Measures Designed To Curb Google’s Search Monopoly

    Thursday, November 21, 2024

    U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled Google maintained an illegal monopoly for the last decade.

    The sweeping set of recommendations filed late Wednesday by the U.S. Department of Justice could radically alter Google's business, including possibly spinning off the Chrome web browser and syndicating its search data to competitors. Even if the courts adopt the blueprint, Google isn't likely to make any significant changes until 2026 at the earliest, because of the legal system's slow-moving wheels.

    Here's what it all means:

    What is the Justice Department's goal?
    Federal prosecutors are cracking down on Google in a case originally filed during near the end of then-President Donald Trump's first term. Officials say the main goal of these proposals is to get Google to stop leveraging its dominant search engine to illegally squelch competition and stifle innovation.

    "The playing field is not level because of Google's conduct, and Google's quality reflects the ill-gotten gains of an advantage illegally acquired," the Justice Department asserted in its recommendations. "The remedy must close this gap and deprive Google of these advantages."

    Not surprisingly, Google sees things much differently. The Justice Department's "wildly overbroad proposal goes miles beyond the Court's decision," Kent Walker, Google's chief legal officer, asserted in a blog post. "It would break a range of Google products — even beyond search — that people love and find helpful in their everyday lives."

    It's still possible that the Justice Department could ease off on its attempts to break up Google, especially if President-elect Donald Trump... Read More

    MySHOOT Profiles


    Add A Comment