Dave Clark, Amazon’s senior vp of worldwide operations.
Lindsey Wasson | Reuters
Flexport CEO Dave Clark is resigning from the availability chain software program startup and handing the reins over to founder and govt chairman Ryan Petersen after one 12 months within the position — and after simply six months of helming the corporate solo.
“Immediately, Ryan and I mentioned his need to return to specializing in development within the core freight enterprise,” Clark wrote in a post on Twitter, now called X. “In mild of that, I really feel that he’s finest suited to guide the corporate in that route. As such, I can be resigning from my place at Flexport.”
An early Flexport investor informed CNBC that the corporate didn’t share the information of Clark’s departure with traders previous to the general public announcement. Clark and Petersen had been co-CEOs of Flexport starting final September, and Clark took over as the corporate’s sole CEO in March.
Petersen began Flexport, which topped final 12 months’s Disruptor 50 checklist, in 2013 with the objective of discovering a greater option to handle the stream of products positioned on ships, planes, vehicles and railroads internationally. Flexport introduced final June that Petersen would step down in March 2023 as CEO and switch the place over to Clark, whereas transitioning into the position of govt chairman.
The information got here simply days after Amazon introduced Clark would resign as CEO of its worldwide shopper enterprise, bringing his greater than two-decade profession there to an in depth. Clark is credited with being a driving power behind Amazon’s logistics and achievement community.
In July, Flexport mentioned Petersen would be part of Founders Fund, the enterprise capital fund based by billionaire Peter Thiel.
Representatives from Flexport and Founders Fund didn’t instantly reply to requests for remark.
—CNBC’s Riley de León contributed to this story.
