Former Amazon Executive Dave Clark Takes the Helm at Flexport

Departing Amazon consumer chief Dave Clark joins logistics startup Flexport as co-CEO to help scale the company into a global supply chain powerhouse.

Former Amazon consumer chief Dave Clark joins logistics startup Flexport as co-CEO, bringing 23 years of experience in building massive fulfillment and transportation networks. He starts in this new role on September 1, 2022, after officially leaving Amazon on July 1. Current Flexport CEO and founder Ryan Petersen transitions to executive chairman six months after Clark arrives.

Flexport operates as a digital freight forwarder and customs brokerage, offering software tools that provide clear visibility and order management for global supply chains. The startup also helps clients navigate customs, manage cargo insurance, purchase carbon offsets, and leverage massive amounts of data. With a current valuation of $8 billion and over $2 billion raised from major investors like SoftBank and Andreessen Horowitz, the company possesses significant financial backing.

This high-profile leadership change signals Flexport's ambition to evolve from a buzzy startup into a major logistics player on par with legacy industry giants. Petersen highlights that Clark's entrepreneurial track record at Amazon makes him the perfect fit to tackle the massive scale of the global supply chain opportunity. The company aims to become one of the world's most important technology platforms for logistics.

Read More at the original source →