Amazon's Leadership Overhaul: At least 3 Key Leaders Depart This Week

  • Amazon.Com, Inc AMZN lost significant leaders this week amid reports of a mass employee walkout.
  • Melissa Nick, a North America customer fulfillment vice president, will depart effective June 16. 
  • Nick, who joined Amazon in 2014, was responsible for one of Amazon’s largest fulfillment regions and led almost 300 facilities that process and ship customer orders, CNBC reports.
  • Amazon recently revamped its U.S. operations to speed up deliveries and cut costs
  • Chris Vonderhaar, an Amazon Web Services data center vice president, is also leaving the company.
  • Vonderhaar, who had been at the company for nearly 13 years, was responsible for “the design, planning, construction, and operations of the AWS global data center fleet,” Geekwire reports.
  • Puneet Chandok, the head of AWS in India and South Asia, resigned just weeks after the company committed over $12 billion in India by 2030. Reportedly, he is looking to join a rival firm.
  • Chandok, President of AWS India and South Asia, joined the e-commerce group four years ago. His last day at Amazon’s cloud unit is August, TechCrunch cites familiar sources.
  • Vaishali Kasture, head of the enterprise, mid-market, and global businesses at AWS India & South Asia, will immediately become the interim commercial business leader at the unit.
  • Price Action: AMZN shares traded higher by 0.84% at $123.95 premarket on the last check Friday.
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