/cloudfront-us-east-1.images.arcpublishing.com/dmn/3PJVMC3WKFG4VKVUPKF3L4SXGI.JPG?w=1068&resize=1068,0&ssl=1 "Supply chain startup is next move for Amazon executive who moved to D-FW")
/cloudfront-us-east-1.images.arcpublishing.com/dmn/3PJVMC3WKFG4VKVUPKF3L4SXGI.JPG?w=1200&resize=1200,0&ssl=1&description=Supply+chain+startup+is+next+move+for+Amazon+executive+who+moved+to+D-FW){kind=link}
An Amazon executive who just lately introduced his shocking resignation from the e-commerce large is becoming a member of logistics startup Flexport as its new CEO.
Dave Clark will start his new position on the San Francisco-based firm on Sept. 1, two months after he steps down from his present position as CEO of Amazon’s worldwide client enterprise, Flexport introduced Wednesday. Clark and Flexport’s present CEO, Ryan Petersen, will function co-CEOs for the primary six months, after which Petersen will transition to function executive chairman of the corporate.
Clark, who moved to Highland Park final yr, will stay based mostly within the Dallas space, in accordance to GeekWire.
On Friday, Clark introduced his departure from Amazon, the place he’s labored for 23 years. The move signaled the corporate is trying to make adjustments to its troubled client division, which oversaw a significant enlargement of Amazon’s warehouses in the course of the COVID-19 pandemic. But the corporate stated in its final earnings report that it now has an excessive amount of house and is shedding billions of {dollars} due to it.
Clark wrote in an e mail to his workforce he posted Friday on Twitter that he is a “builder at heart” and it was time for him to begin a brand new journey. On Monday, he wrote in a LinkedIn put up that he is trying ahead to transition into his new position at Flexport, which reported $3.2 billion in income final yr.
“I am fortunate to have the opportunity to partner with an incredible team who are building a customer-first, rocket ship of a company focused on architecting and building solutions for the most complicated supply chain problems through world-class technology for the physical world,” Clark wrote.
The two corporations will not be direct rivals, however Amazon has been rising its logistics arm lately, aiming to additional compete with main carriers like UPS, FedEx and the U.S. Postal Service.
Amazon has not named a alternative for Clark. CEO Andy Jassy stated he expects to have “an update” over the next few weeks.