Amazon Consumer Chief Exits as Jassy Hints at More Change

  • Dave Clark’s move coincides with slowing online sales growth
  • CEO Jassy says consumer business faced historic challenges
WATCH: Michael Pachter talks about changes at Amazon.Source: Bloomberg
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Amazon.com Inc. consumer chief Dave Clark is resigning, a possible casualty of a slowdown at the crucial e-commerce business he ran.

The sudden departure signals that Chief Executive Officer Andy Jassy is looking for changes in the company’s consumer division, which overbuilt during the pandemic and left Amazon saddled with excess warehouse space that the company has since begun looking to sublet.