Dave Clark, who moved to Highland Park in fall 2021 while still running Amazon’s worldwide consumer business, is leaving the startup he took over a year ago.
, initially starting as co-CEO and then serving as CEO. Previously, he spent two decades climbing the ranks at the e-commerce behemoth, rising to the level of CEO of its worldwide consumer business, and earning the nickname “The Sniper.”, Clark had a tough time transitioning from the much-larger Amazon, according to a person familiar with the situation who asked not to be identified discussing private information.
After stepping away from his duties at Flexport, Petersen announced in July that he had joined the Peter Thiel-backed venture capital firm Founders Fund as a partner. On Wednesday, he posted on X, the platform previously known as Twitter, “I’m back!!!” Flexport is one of the country’s most prominent startups, having raised more than $2 billion in funding and notching a valuation of $8 billion. Earlier this year, Flexport said it would cut 20% of its staff, which consisted of about 3,000 people according to LinkedIn. At the time, Clark and Petersen cited a decline in shipping volumes that followed a pandemic surge.
Global goods trade may enter a recession, Oxford Economics said in a research note earlier Wednesday.
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