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Andy Jassy - 1 Rohit Prasad - 1 Prasad - 1 Doug Herrington - 1 Adam Selipsky - 1 Brian Olsavsky - 1 Jassy - 1 There's - 1
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☆ Amazon CEO Andy Jassy now has 16 direct reports. See the growing and evolving list here, including a newly promoted executive from Alexa.
  + stars: | 2023-07-31 | by ( Eugene Kim | ) www.businessinsider.com   time to read: +3 min
Amazon CEO Andy Jassy recently expanded his group of direct reports. Jassy has added at least 8 new executives to his direct reports since becoming CEO in 2021. Amazon recently created a new AI group that reports to CEO Andy Jassy. In his 2 years since becoming CEO, Jassy has added or replaced at least 8 executives in his top leadership team. (Jassy's direct reports are different from the S-team, a group of more than two dozen most senior decision-makers at Amazon).
Persons: Andy Jassy, Rohit Prasad, Prasad, Doug Herrington, Adam Selipsky, Brian Olsavsky, Jassy, There's, Dave Clark, Jay Carney, Jeff Blackburn, James Hamilton, Mike Hopkins, Eric Remling, Beth, Dave Limp, David Zapolsky, Drew Herdener, WW Communications Eric Rimling, Paul Kotas, Peter Krawiec, Alexa Stacey Pistole, Steve Boom, Steve Schmidt, Eugene Kim Organizations: Amazon, Alexa, Business, Amazon Studios, Amazon Devices, WW Amazon, WW Communications, Amazon Video, Corporate Locations: It's
☆ Inside Amazon's deal machine: How the tech giant acquires companies, who's in charge, and what makes it want to buy 'right now'
  + stars: | 2022-10-11 | by ( Eugene Kim | Stephanie Palazzolo | Reed Alexander | ) www.businessinsider.com   time to read: +14 min
Buying other companies is one option to help maintain its historical 20%-plus annual revenue growth, a person familiar with Amazon's deal process said. While Amazon doesn't necessarily prey on companies in trouble, the company is extremely price disciplined, the person familiar with Amazon's deal process told Insider. Bertucci has been a part of some of Amazon's largest transactions, including leading the MGM and One Medical deals. According to the person familiar with Amazon's deal process, Amazon only brings in investment banks when acquisitions reach roughly the $1 billion mark. Indeed, the One Medical deal alone could have netted Goldman and Morgan Stanley, which repped One Medical, in the tens of millions in fees.
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