Amazon Picks Herrington to Run Its Retail Business

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Amazon

 named Doug Herrington as the new CEO of its Around the globe Amazon Retailers business enterprise on Tuesday.

He succeeds Dave Clark, who stepped down previously this month to just take the leading occupation at the logistics software package startup Flexport.

Herrington joined Amazon (ticker: AMZN) in 2005, and due to the fact 2015 has been operating the company’s North American Customer business enterprise.

Previously in his occupation, he used a few years as the CEO of KeepMedia, a organization that supplied a digital subscription company for publications. He also spent three many years as the head of advertising for Webvan, an on the web grocer in the course of the web bubble era.

Amazon also named John Felton to head functions, reporting to Herrington. Felton has been with the corporation for almost 18 years. In 2019, he took in excess of its Global Delivery Providers team.

In a website write-up asserting the move, CEO Andy Jassy explained the corporation even now sees substantial potential expansion in the e-commerce business enterprise.

“[W]e’re still in the early times of what’s attainable,” Jassy wrote. “It’s truly worth remembering that Amazon currently only represents about 1% of the globally retail current market section share, and 85% of that worldwide marketplace section share nevertheless resides in bodily stores. If you consider that equation will change over time (which I do), there is a large amount of potential for us as we go on to be laser-focused on providing the finest customer practical experience (broadest selection, reduced charges, quick and convenient shipping and delivery) even though performing on our expense composition to have the suitable prolonged-expression business enterprise.”

Produce to Eric J. Savitz at [email protected]