in a note on Tuesday. Herrington is replacing Dave Clark who is leaving the US etailer after 23 years to join logistics firm Flexport as its chief executive officer. Clark’s last day at Amazon is on July 1.
Herrington joined Amazon in 2005 and went on to launch AmazonFresh in 2007, and has led the company’s North American consumer business since 2015.
“Doug and I have worked together on S-team since 2011. He is a builder of great teams and brings substantial retail, grocery, demand generation, product development, and Amazon experience to bear,”Jassy wrote on Herrington’s appointment. “This is a very strong and experienced leadership team. I remain very optimistic about our Stores business, and believe we’re still in the early days of what’s possible.” .
Jassy, who became Amazon CEO in July last year, said the ecommerce firm still represents about 1% of the worldwide retail market segment share, and that 85% of that worldwide market segment share still resides in physical stores. “There’s a lot of potential for us as we continue to be laser-focused on providing the best customer experience (broadest selection, low prices, fast and convenient delivery) while working on our cost structure to have the right long-term business,” he added.
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