Prospective Bezos Replacement to Leave Amazon

The long-tenured Amazon (NASDAQ: AMZN) executive often pegged as a potential replacement for CEO Jeff Bezos is stepping down. The company reported in an SEC filing submitted on Friday that Jeffrey Wilke, chief of its worldwide consumer unit, will retire in the first quarter of the coming year. Senior Vice President of Retail Operations Dave Clark will be promoted to the position.

While Bezos is considered the face of the company and is almost synonymous with Amazon, Wilke has left his mark. He's been with the company since 1999, and was promoted to CEO of its worldwide consumer arm in 2016. He's largely credited with building the company's logistics capabilities that allow it to control around 40% of North America's e-commerce market, according to numbers from eMarketer.

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Source Fool.com