Amazon Stock: This Leader's Departure Should Serve as a Warning for Investors
The head of Amazon.com's (NASDAQ: AMZN) largest business is resigning. David Clark, CEO of the online retail titan's Worldwide Consumer division, will step down from that role on July 1.
Clark oversees Amazon's e-commerce sites, physical retail stores, and third-party merchant platforms. He's also responsible for watching over the company's popular Prime subscription program, which helps to tie Amazon's consumer offerings together.
Clark also spearheaded the rapid build-out of Amazon's fulfillment and delivery network during the pandemic. Incredibly, the e-commerce colossus doubled the size of its already-enormous logistics empire -- which it built over 25 years -- in a period of just 24 months.
Source Fool.com
