Two Amazon executives retire after building the Kindle

Two Amazon executives retired both of whom were heads of the company’s hardware department during their tenure at Amazon. Amazon confirmed that Gregg Zehr, president of the company's hardware research and development group, known as Lab126, has retired. Zell is credited with inventing the wildly successful Kindle e-reader.

Tom Taylor, an elite S-Team member of the company's Alexa division and CEO Andy Jassy ​​will retire. Both Taylor and Zell have been with the company for more than a decade.

An Amazon spokesperson said, we have succession plans for all of our businesses, and both positions were filled by internal management some time ago.

Amazon is facing challenges ranging from soaring inflation to slowing sales. Heather MacDougall, Amazon’s head of workplace health and safety, left the company in September. In July, public policy director Jay Carney left to join Airbnb. In August, Dave Clark, a 23-year Amazon employee, also resigned as head of retail. Operations chief Dave Bozeman and senior vice president of global client fulfillment Alicia Boler-Davis also announced their departures this year in June.

Amazon said, the company still maintains high executive retention rates. 

Amazon spokesman said, the average tenure of a vice president was about 10 years, while a senior vice president had a longer tenure.

While executives are leaving, Jassy is also reining in spending across the company. The company had previously implemented a hiring freeze for corporate retail roles and halted a number of projects in recent months, including the Care telehealth service and the Glow video-calling projector.

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