Amazon CFO will retire in summer 2015

On September 3, Amazon announced that Chief Financial Officer Thomas Szkutak plans to retire in June 2015 after about 13 years in the business, beginning in October 2002, where he was and still is in charge of treasury, investor relations, tax, internal audit and facilities functions as well as financial management of the company’s business units.

The manager will be replaced by Brian Olsavsky, which currently is Vice President of Finance of Amazon responsible of the global consumer business, reporting to Jeffrey P. Bezos, founder and CEO of Amazon.

Jeffrey P. Bezos, founder and CEO of Amazon, said:

Tom’s impact over the past 12 years is evident in every part of our business. Under Tom’s stewardship, customers have benefitted from category expansion and geographical expansion, along with amazing new businesses like AWS and Kindle, 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.