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01/24/2024

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Amazon appoints the head of logistics to the position of CFO for AWS

    worldcraftlogistics.com is based on reliable sources from CNBC, Amazon has appointed John Felton, its esteemed logistics executive, as the new Chief Financial Officer for its AWS cloud computing unit. Udit Madan, currently Amazon’s Vice President of Transportation, will step into Felton's role. With nearly two decades of experience at Amazon and a key member of CEO Andy Jassy’s S-team, Felton brings a wealth of expertise to his new position.

    Official announcement from Amazon

    Official announcement from Amazon

    Amazon announced on Thursday that John Felton, the company's top logistics executive, will become the Chief Financial Officer of its AWS cloud computing unit. Doug Herrington, Amazon’s worldwide retail chief, stated in a blog post that Felton will take on the role of Senior Vice President and Amazon Web Services CFO, while Udit Madan, Amazon’s Vice President of Transportation, will take over Felton's previous position.

    Who is John Felton?

    Who is John Felton

    With nearly two decades at Amazon, Felton has served as the head of its worldwide operations division and is a key member of CEO Andy Jassy’s S-team, a group of senior executives covering various areas of Amazon’s business.

    In a memo to staff, Felton expressed gratitude for his time at Amazon and mentioned that he's excited to share the skills learned in Operations with the AWS team. The transition will also see Felton replace AWS' current CFO, Richard Puccio, who reportedly intends to leave the company.

    This leadership change occurs amid a slowdown in AWS' growth rate in recent quarters, attributed to some clients reducing spending due to high inflation and broader economic concerns.

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    Source: Internet

    Simon Mang

    SEO

    Digital Marketing/SEO Specialist

    Simon Mang is an SEO and Digital Marketing expert at Wordcraft Logistics. With many years of experience in the field of digital marketing, he has shaped and built strategies to effectively promote Wordcraft Logistics' online presence. With a deep understanding of the logistics industry, I have shared more than 300 specialized articles on many different topics.

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