Amazon CFO Tom Szkutak to retire in summer 2015

Amazon's logo. Photo by David McNew/Getty Images

Amazon’s CFO and SVP Thomas Szkutak will retire next summer after a 12-year stint at the retail giant. He and his successor, Brian Osavksy, who was VP of finance for Amazon’s global consumer business, will work on a “seamless” transition over the next several months, according to a company statement on Wednesday.

Szkutak joined Amazon in 2002 as CFO after serving in several capacities at General Electric, including as CFO of the company’s lighting unit.

Since Amazon keeps its cards so close to the vest — just try asking how big Amazon Web Services is if you don’t believe that — Szkutak’s earnings call statements and other public pronouncements have been closely scrutinized.

In the statement, Amazon CEO Jeff Bezos sang Szkutak’s praises: “Tom’s impact over the past 12 years is evident in every part of our business. Under Tom’s stewardship, customers have benefitted from category expansion and geographical expansion, along with amazing new businesses like AWS and Kindle.”

 

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