Amazon Consumer Business CEO Dave Clark resigns after 23 years of service, replacement to be named soon

Dave Clark, the executive who made Amazon.com Inc into a worldwide delivery behemoth, is stepping down as chief executive of the online retailer's consumer business to pursue other opportunities, the company said on Friday.

Amazon CEO Andy Jassy said he expects to name a replacement in the next few weeks and that the company has work ahead "to get to where we ultimately want to be" in the division Clark ran. Clark's last day will be July 1, after 23 years with the company.

The departure further solidifies a changing of the guard at Amazon, which for years had veteran ranks under founder Jeff Bezos. 

A string of management departures including vice presidents and Bezos himself have shaken up the e-commerce and cloud company, though executives have aimed to maintain the customer focus and startup mentality of their founder.

The online retailer is also girding for economic challenges, recently reporting a $2 billion (roughly Rs. 15,538 crore) hit from having built too much warehousing and transportation capacity, vowing now to reduce the costs of fulfilling orders.