In 1994, Amazon founder Jeff Bezos launched one of the biggest success stories in modern business history. What began strictly as an online bookseller slowly evolved into a purveyor of hundreds of different product lines. Amazon (AMZN) grew into a global 澳洲幸运5官方开奖结果体彩网:e-commerce and cloud computing giant, with a $1.96 trillion market capitalization value as of October 10, 2024.
Bezos is widely🉐 lauded as a visionary in e-commerce. But he owes much of his success to the management team that helped develop Amazon’sꦏ many silos and executed the company’s rapid growth.
Below, we sketch out the profiles of Amazon’s founder and s♛ix of the company’s top executives. We highlight the various roles they have held at Amazon, their contributions to the company, previous roles at other companies, and their educational backgrounds.
Key Takeaways
- Amazon has grown into a giant global corporation with a market capitalization value of $2 trillion.
- Its founder Jeff Bezos is one of the richest people in the world and owes much of his success to his management team.
- Amazon has seven officers and 12 directors.
- Its officers include founder Jeff Bezos, CEO Andy Jassy, and CFO Brian Olsavsky.
Amazon's Executives
Amazon currently has a total of seven officers and 12 directors.
Directors essentially sit on the board and oversee the management of the corporation. They often balance this job with others. Officers, on the other hand, are the people responsible for the day-to-day management of the corporation. That includes the 澳洲幸运5官方开奖结果体彩网:chief executive officer (CEO), chief financial✤ off🦩icer (CFO), and department heads. These figures run the business and are its top executives.
Amazon’s top executives are:
- Jeffrey P. Bezos: Executive Chair
- Andy Jassy: President and CEO
- Brian T. Olsavsky: Senior Vice President and CFO
- Douglas J. Herrington: CEO, Worldwide Amazon Stores
- Shelley L. Reynolds: Vice President, Worldwide Controller
- Matt Garman: CEO, Amazon Web Services
- David A. Zapolsky: Senior Vice President, Global Public Policy & General Counsel
Jeffrey P. Bezos
- Current position(s): Executive chair
- Joined Amazon: Founded the company in 1994
- Education: BSE in electrical engineering and computer science from Princeton University
澳洲幸运5官方开奖结果体彩网:Jeff Bezos stepped down from his role as CEO in July 2021 and currently serves as Amazon’s executive chair.
He launched Amazon as an online bookstore from the garage of his rental home in Seattle in 1994, and it has since grown into one of the biggest companies in the world. From cloud comඣputing to groceries to advertising to healthcare, Amazon has made itself felt in just about every major industry.
Under his leadership, Amazon in 2005 launched Amazon Prime, which offered two-day shipping on more than one million items when the standard in the retail industry was up to six days.
Amazon Prime has since added access to video and music streaming and now boasts more than 200 million subscribers worldwide, as of last reporting.
In 2006, the 澳洲幸运5官方开奖结果体彩网:Amazon Web Services (AWS) cloud computing platform was launched under Bezos’ direction. He also helped Amazon build its own delivery and logistics business. Today, most Amazon packages are delivered by Amazon employees or contractors.
Before founding Amazon, Bezos worked for a telecommunications start-up named Fitel. He also worked at Bankers Trust, which is now a part of Deutsche Bank AG, and at hedge fund D.E. Shaw.
$208 billion
The net worth of Jeff Bezos as of October 2024.
Andy Jassy
- Current position(s): President and chief executive officer
- Joined Amazon: 1997
- Education: A.B. from Harvard University and MBA from Harvard Business School
Andy Jassy currently serves as Amazon’s president a🦋nd CEO. He also serves on the board of directors.
Jassy is considered the founder of AWS, the company’s most profitable major business. He led AWS from its 2006 inception—including as its CEO, beginning in April 2016—until July 2021. Under his leadership, AWS became the most broadly adopted cloud platform.
Jassy’s success has been attributed to his ability to attract a range of different types of businesses and organizations to the AWS cloud platform, including the Central Intelligence Agency, Democratic National Committee, Pinterest Inc., Lyft Inc., and more. He first joined the company in 1997 and held various leadership roles before founding AWS.
Brian T. Olsavsky
- Current position(s): Senior vice president and chief financial officer
- Joined Amazon: April 2002
- Education: B.S. in mechanical engineering from Penn State and MBA in finance from Carnegie Mellon University
Brian Olsavsky first joined Amazon in the spring of 200𒈔2 and has been senior vice president (SVP) and CFO since June 2015. He oversees Amazon’s overall financial activities, including tax, treasury, investor relations, internal audit, and other financial operations.
Prior to becoming SVP and CFO, Olsavsky was Amazon’s vice president (VP) of finance and CFO for the company’s Global Consumer Business. In tho🍒se roles, he oversaw the company’s websites and merchant services as well as fulfillment operations and subsidiaries.
Olsavsky also served as VP of finance for Amazon’s North American reta▨il business unit and acquisitions from 2007 to 2010. Before that, from 2002 to 2007, he was in charge of the finance departments for Amazon’s Worldwide Operations organization.
Prior to joining Amazon, Olsavsky served in financial and other roles at Fisher Scientific, BF Goodrich, and Union Carbide.
Douglas J. Herrington
- Current position(s): Chief executive officer, Worldwide Amazon Stores
- Joined Amazon: 2005
- Education: B.A. in economics from Princeton University and MBA from Harvard Business School.
Douglas Herrington has been at Amazon since 2005. He first joined the company to launch its consumables business. Ten years later, he was appointed SVP of North America Consumer, and then, in July 2022, he got another promotion and became one of Amazon's top lieutenants.
In his current role as CEO of Worldwide Amazon Stores, Herrington is in charge of leading various businesses, including Amazon’s global online and mobile shopping experiences, global 澳洲幸运5官方开奖结果体彩网:operations and fulfillment, Prime, Amazon Grocery, Amazon Business, Selling Partner Services, and Amazon Health Services.
He took this job over from David Clark, a longstanding Amazon employee who, among other things, played a key role in Amazon’s $775 million acquisition of Kiva Systems Inc. and the creation of its own air delivery network.
Herrington is said to be passionate about building and innovating. In his many years at the company, he led teams that invented🥃 services such🤪 as Subscribe and Save, Amazon Fresh, Amazon Business, Alexa Shopping, and Buy with Prime.
Before joining Amazon, Herrington was the founder and CEO of KeepMedia. He previously also served on the executive team at online grocery retailer Webvan.
Shelley L. Reynolds
- Current position(s): Vice president, Worldwide Controller
- Joined Amazon: February 2006
- Education: B.A. from the University of Washington Foster School of Business
Shelley Reynolds is VP, Worldwide Controller, a position that requires herꦆ to oversee Amazon’s glo🃏bal accounting functions.
She first joined the company in February 2006, assuming the role of VP of Finance and Controller. A little over 12 months later, she was promoted to VP, Worldwide Controller and Principal Accounting Officer.
Reynolds is said to have played a key role in helping Amazon develop accounting systems capable of scaling in tandem with its incredible growth.
Prior to joining the company, Reynolds spent 19 years at Deloitte & Touche LLP, where she was a partner from 1998 to 2006.
Matt Garman
- Current position(s): Chief executive officer, Amazon Web Services
- Joined Amazon: 2006
- Education: B.S. and M.S. in industrial engineering from Stanford University and an MBA from the Northwestern University Kellogg School of Management
Matt Garman is the CEO of Amazon Web Services, a position he has held since June 2024. Garman has been at Amazon since 2006 and was involved in the launch of initial AWS services. His position before CEO was Senior Vice President, AWS Sales, Marketing, and Global Services.
Garman joined Amazon in 2005 as an intern before joining full-time in 2006. His first role was as product manager of AWS. He's also spent time developing Amazon's first service-level agreements and creating new pricing plans. He was also a product manager at EC2, Amazon's Elastic Compute Cloud. These roles led him to be the general manager of all AWS Compute services.
David A. Zapolsky
- Current position(s): Senior vice president, global public policy and general counsel
- Joined Amazon: November 1999
- Education: B.A. in music from Columbia University and J.D. from the University of California, Berkeley
David Zapolsky has been SVP, general counsel, and secretary since May 2014. In this role, he is responsible for overseeing the company’s legal, policy, 澳洲幸运5官方开奖结果体彩网:compliance, and regulatory affairs.
Over the years, Zapolsky has played a key role in advising Amazon on a number of legal matters, including scrutiny of the company’s competitive practices and a unionization effort. He joined the company as associate general counsel for litigation and regulatory matters and has been promoted several times since.
Before joining Amazon, Zapolsky served as a partner at the Seattle offices of Dorsey & Whitney and Bogle & Gates, as an assistant district attorney in the Brooklyn District Attorney’s Office, and as a practicing lawyer at Wachtell Lipton Rosen & Katz.
How Many Executives Are There at Amazon?
Amazon has a total of 19 executives. There are seven officers and 12 directors. The directors include Keith B. Alexander, the founder of cybersecurity company IronNet., Edith W. Cooper, a co-founder of Medley and former executive vice president of Goldman Sachs, and Jamie S. Gorelick, a partner of the law firm Wilmer Cutler Pickering Hale and Dorr LLP.
Are There Multiple CEOs of Amazon?
Amazon has had two chief executive offers in its history. Jeff Bezos was CEO from 1994 to 2021. He was then replaced by Andy Jassy.
How Much Does Amazon Pay Its Executives?
According to Comparably, the total average pay for an executive at Amazon is estimated to be $235,925 per year.
The Bottom Line
Amazon’s leadership team has been instrumental in its success. The💝y’ve all been at the company for at least nearly two decades and each in some way played a crucial role in turning Amazon into a multi-𒈔billion dollar business. Between them, they have helped develop and invent some of Amazon’s best and most profitable services, run key divisions, and navigated the tech giant through various challenges.
When people talk about Amazon's success, they often think about its founder Jeff Bezos, and overlook his right-hand men and women. Without Bezos' lieutenants, Amazon would not be the same company it is today.