Amazon.com CFO Resigns

Share this article:
Amazon.com, Inc. yesterday announced that Warren Jenson, Amazon.com's chief financial officer, has resigned.


Jenson agreed to continue in his duties for several months and will help Amazon.com recruit his successor, a statement said.


"Warren was instrumental in helping the company surpass its fourth quarter objectives, and we thank him for his leadership," said Jeff Bezos, Amazon.com founder and CEO in the statement. "He has also assembled a world-class finance team and has worked to establish a clear path for our company to reach our 2002 objective of generating positive operating cash flow -- and possibly even free cash flow -- for the year."


Jenson has been Amazon's CFO since September 1999, and helped engineer its first profitable quarter last quarter.


"I took this position with the objective of working with Jeff and the management team to bring Amazon.com to profitability," Jenson said in the statement. "While the decision to leave is a difficult one -- it's the appropriate time for me to move on to a new set of challenges. I am grateful to Jeff and the entire Amazon.com family for a wonderful opportunity and experience."


Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

How Amazon Ads Might Change the Game

How Amazon Ads Might Change the Game

Will the Great Recommender introduce "pretargeting" to the menu? Is it destined to become the King of Conversion? Or will its ad business simply settle in between Google's and Facebook's?

Less Than Half of Marketers Say the C-Suite "Gets" Digital

Less Than Half of Marketers Say the C-Suite ...

The long road to digital marketing leadership starts with organizational alignment, a study finds.

Candidates Hook Into Twitter

Candidates Hook Into Twitter

A digital agency for politicians puts the power of presidential electioneering into the hands of Congressional campaigns.