The Amazon Web Companies and products logo at the Web Summit in Lisbon.
Henrique Casinhas | Sopa Photography | Lightrocket | Getty Photography
Amazon acknowledged on Thursday that John Felton, the firm’s top logistics government, will steal over as chief monetary officer of its AWS cloud computing unit.
In a weblog put up, Doug Herrington, Amazon’s worldwide retail chief, acknowledged Felton would steal on a brand original purpose as senior vp and Amazon Web Companies and products CFO. Udit Madan, Amazon’s vp of transportation, will replace Felton.
Felton has been with Amazon for virtually twenty years, most no longer too long ago serving because the head of its worldwide operations division. He’s a member of Amazon CEO Andy Jassy’s S-team, which is a tight-knit neighborhood of senior executives from objective about all areas of Amazon’s commercial.
“It has been a gigantic toddle and a time that I will adore with satisfaction,” Felton wrote in a memo to group. “Very finest knowledge is that I’m no longer going far and am angry to piece loads of the abilities I discovered from you all in Operations with the AWS team.”
Felton will replace AWS’ most up-to-date CFO Richard Puccio. The Wall Avenue Journal reported Puccio intends to head away the firm, citing other folks familiar with the topic. An Amazon spokesperson pointed CNBC to the firm’s weblog put up announcing the transition.
The management shake-up comes as AWS’ enhance charge has slowed in most up-to-date quarters as some purchasers pulled support their spending as a result of high inflation and broader concerns about the economic system.
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