Amazon gets a new leader today, but the company won t change much
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Amazon s new boss faces pressure from all sides as Bezos leaves for space
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The past year saw e-commerce reach new highs and among the biggest winners, of course, was Amazon. A record- setting first quarter blew analyst expectations out of the water. Easily lost in the success, though, can be all the third-party brands on the platform. Marketplace Pulse, an e-commerce research firm, estimates that Amazon Marketplace sellers moved more than $300 billion of product in 2020. That would make Amazon Marketplace the 42nd-largest economy in the world ranked by GDP.
Video: Target CEO: Consumers continue to respond to our in-store experience (CNBC)
Target CEO: Consumers continue to respond to our in-store experience
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Pichette, who is 52, joined Google in 2008. The exact date of his retirement isn’t set, but he’ll be helping Google search for its new CFO, which the company expects to find in the next six months.
Before Google, he worked at Bell Canada, where he held various positions, including CFO.
He made the decision to leave the company so he and his wife could “grab our backpacks and hit the road.”
Pichette, an avid cycler, writes on Google+ that the desire to travel the world really struck last fall after he and his wife hiked Mr. Kilimanjaro in Africa at sunrise. She suggested extending their travels and continuing to explore. He responded that he still had a lot of work left at Google.