The exodus came before former CEO Dave Clark announced his departure on Wednesday.
Flexport was experiencing an exodus of executives before former CEO Dave Clark announced his sudden resignation on Wednesday.
Clark, who was Amazon's worldwide consumer CEO before joining Flexport last September, announced his departure on X, formerly known as Twitter, on Wednesday.
In his post, Clark cited the desire of Flexport founder and former CEO Ryan Petersen to return to his role leading the company.
During a company town hall on Thursday, Flexport executives told employees that cost-cutting measures were on the way , possibly including job cuts, multiple sources said.
Persons:
Flexport, Dave Clark, — Artur Rivilis, Flynn Fishman, Stephanie New —, Rivilis, Fishman, Slack, Shopify, Clark, Ryan Petersen, Freightwaves, Petersen, Tobi Lütke
Organizations:
Flexport, Shopify Logistics
Locations:
Deliverr, ,, Flexport, San Francisco , Los Angeles, Dallas, New York, Amazon, mstone@insider.com