Supply chain startup is next move for Amazon executive who moved to D-FW
An Amazon executive who a short while ago introduced his astonishing resignation from the e-commerce huge is becoming a member of logistics startup Flexport as its new CEO.
Dave Clark will start his new purpose at the San Francisco-dependent organization on Sept. 1, two months just after he steps down from his present job as CEO of Amazon’s around the globe purchaser enterprise, Flexport introduced Wednesday. Clark and Flexport’s present-day CEO, Ryan Petersen, will serve as co-CEOs for the to start with six months, right after which Petersen will transition to provide as govt chairman of the company.
Clark, who moved to Highland Park previous 12 months, will keep on being centered in the Dallas region, in accordance to GeekWire.
Clark introduced his departure from Amazon, the place he’s worked for 23 several years, on Friday. The move signaled the corporation is searching to make modifications to its troubled buyer division, which oversaw a key expansion of Amazon’s warehouses all through the COVID-19 pandemic. But the enterprise mentioned in its final earnings report that it now has much too considerably place and is dropping billions of dollars due to the fact of it.
Clark wrote in an e mail to his team, which he posted Friday on Twitter, that he is a “builder at heart” and it was time for him to start out a new journey. On Monday, he wrote in a LinkedIn put up that he appears to be forward to transitioning into his new part at Flexport, which claimed $3.2 billion in revenue final year.
“I am fortuitous to have the option to spouse with an incredible staff who are setting up a purchaser-1st, rocket ship of a firm focused on architecting and creating options for the most intricate source chain issues by way of world-class technologies for the actual physical world,” Clark wrote.
The two organizations are not immediate rivals, but Amazon has developed its logistics arm in current several years, aiming to even further contend with main carriers like UPS, FedEx and the U.S. Postal Provider.
Amazon has not named a alternative for Clark. CEO Andy Jassy claimed he expects to have “an update” around the future several weeks.