Amazon.com, Inc. (NASDAQ:AMZN)’s founder and top executive Jeff Bezos may not be retiring any time soon but there’s already a candidate that will likely take the highest position at the company if Bezos does step down.
According to Spencer Soper who spoke with Emily Chang, Cory Johnson and Equilar Director of Research Aaron Boyd on Bloomberg West, Jeff Wilke who is currently the Senior Vice President of Consumer Business at Amazon.com, Inc. (NASDAQ:AMZN) is one of the top candidates to become the next CEO of the retail giant.
“There [are] a few names kicking around and one is Jeff Wilke. He happens to be […] the highest-paid executive at Amazon. He runs the consumer business [department and] he’s been there a long time,” Soper pointed out.
Needless to say, Wilke has some competition among his colleagues, he said. One of the contenders for the top post at Amazon is Jeff Blackburn. There seems to be no dearth of Jeffs in the ranks senior-level executives at Amazon.com, Inc. (NASDAQ:AMZN).
However, Soper pointed out that Jeff Bezos is still young and will not likely be stepping down out of his own volition in the near future. It was pointed out, nonetheless, that a succession plan for Amazon.com, Inc. (NASDAQ:AMZN) is welcome news because it ensures the company has a future should any unfortunate event happen and the top post at the company is vacated.
The discussion about the company’s succession plan comes after Bezos told Business Insider CEO Henry Blodget in an interview on Tuesday that his company has such a plan in place.
See the panel discuss Bezos’ pay package compared to those of CEOs of other top tech companies in the video.
Amazon.com, Inc. (NASDAQ:AMZN) shareholders includes John Griffin’s Blue Ridge Capital which reported ownership of 675,000 shares of the retail behemoth by the end of the July-September quarter.