Amazon Loses Two Veterans Behind Blockbusters Like Kindle and Alexa

  • Amazon.com, Inc AMZN lost two top hardware veteran executives. Gregg Zehr, president of Amazon’s hardware research and development group, Lab126, has retired, CNBC reports. 
  • Zehr invented the hugely successful Kindle e-reader.
  • Tom Taylor, senior vice president of Amazon Alexa and a member of CEO Andy Jassy’s elite S-Team, also retired, Amazon said. 
  • Both Taylor and Zehr spent well over a decade at the company.
  • The executive exodus coincided with CEO Andy Jassy’s cost control measures across the company
  • Also Read: Amazon’s Second Prime Day Sees Thrifty Shoppers As Inflation Woes Weigh
  • Heather MacDougall, Amazon’s workplace health and safety chief, departed in September.
  • In July, public policy chief Jay Carney left to join Airbnb, Inc ABNB, and 23-year Amazon veteran Dave Clark resigned as retail chief a month later.
  • Operations executive Dave Bozeman and Alicia Boler-Davis, senior vice president of global customer fulfillment, announced their exits in June.
  • Amazon implemented a hiring freeze for corporate retail roles and has discontinued several projects.
  • Still, Amazon looks to hire 150,000 employees throughout the U.S. in full-time, seasonal, and part-time roles across its operations network
  • Price Action: AMZN shares traded lower by 0.38% at $112.10 in the premarket on the last check Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTechMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!