Longtime Amazon Executive Jeff Wilke to Retire Next Year

Amazon retail chief Jeff Wilke. (Reuters)
Amazon retail chief Jeff Wilke. (Reuters)
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Longtime Amazon Executive Jeff Wilke to Retire Next Year

Amazon retail chief Jeff Wilke. (Reuters)
Amazon retail chief Jeff Wilke. (Reuters)

Amazon retail chief Jeff Wilke, who has helped Amazon transform itself from an online bookstore into a global colossus, is retiring early next year.

Wilke, 53, has been with Amazon for more than two decades and was regarded as a potential successor to founder and CEO Jeff Bezos. His oversight at Amazon grew along with the company, running not just Amazon.com, but the Whole Foods grocery chain and its physical book stores.

Wilke is referred to within Amazon as “The other Jeff” to differentiate him from Bezos. The two have worked closely together since Wilke joined the company in 1999, four years after Amazon.com started selling books online.

Wilke will be replaced by Dave Clark, who runs the Amazon's warehouses and delivery network, the Seattle-based company said Friday.

In an email to staff, Wilke said that he doesn't have another job lined up.

"So why leave? It’s just time," he wrote in the email. “Time for me to take time to explore personal interests that have taken a back seat for over two decades.”

Wilke said he will focus on running the company through the holiday season, which is shaping up to be the busiest one yet for Amazon. Sales have skyrocketed as online sales boom during the pandemic.

“He is simply one of those people without whom Amazon would be completely unrecognizable,” Bezos wrote in a memo to staff. “Thank you, Jeff, for your contributions and your friendship.”



Saudi Arabia, Peru Discuss Cooperation in Mining Sector

The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
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Saudi Arabia, Peru Discuss Cooperation in Mining Sector

The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)
The Saudi and Peruvian delegations meet in Riyadh on Thursday. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met on Thursday with Peru’s Minister of Energy and Mines Jorge Cornejo and Minister of Foreign Affairs Elmer Schialer.

The meeting focused on boosting bilateral relations between Saudi Arabia and Peru, particularly in the industrial and mining sectors. Discussions also addressed opportunities in mining exploration and strategic minerals.

The meeting highlighted the Kingdom’s comprehensive mining strategy and the investment opportunities available at each stage of the mining value chain. It further emphasized the importance of strengthening international cooperation in the mining and minerals sector to support industry advancement and ensure sustainability.

The two sides also reviewed the objectives of the National Strategy for Industry, with a focus on promising opportunities in its sub-sectors, notably the food industry. The Kingdom’s enablers and incentives to support investors were also discussed.

Alkhorayef extended an invitation to the two Peruvian ministers to attend the Future Minerals Forum, scheduled to be held in Riyadh next January. The forum serves as a leading global platform bringing together industry leaders to explore the challenges and future prospects of the mining and metals sector.