Amazon CFO transition

New York -- Amazon said that senior VP and CFO Thomas J. Szkutak plans to retire in June 2015. Brian T. Olsavsky, VP finance for Amazon’s global consumer business, will succeed Szkutak. Szkutak and Olsavsky will work together during the next 10 months as part of the transition.

Szkutak joined Amazon in 2002 as CFO, and oversees the controller, treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units.
“Under Tom’s stewardship, customers have benefitted from category expansion and geographical expansion, along with amazing new businesses like AWS and Kindle,” said Bezos. “The day Tom joined the company was a very lucky one for Amazon’s shareowners and customers and for all of us who’ve had the pleasure and fun of getting to work with him. We wish Tom and his family all the best in their next round of adventures.”

Olsavsky joined Amazon in April 2002 as VP finance. He has held numerous financial leadership roles across Amazon with global responsibility.

Prior to joining Amazon, he was employed by Fisher Scientific International for seven years in a variety of financial and business management roles.

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