Amazon Loses Another Key Official Within A Month Of Losing Its Retail Chief: Report

Jay Carney quit as Amazon.com Inc’s AMZN SVP of global affairs to fill the top policy position at Airbnb, Inc ABNB.
Carney served as press secretary for former President Barack Obama from 2011 to 2014.
Carney will start at the vacation-rental company at the beginning of September.
Carney, 57, will fill the role previously held by Chris Lehane, who left earlier this year to join a crypto startup, Bloomberg reports.
In his seven years at Amazon, Carney built and ran the company’s global corporate affairs organization.
His previous experience in government and at one of the biggest technology companies, in addition to the two decades he spent as a journalist, gives Carney “a deep understanding of the needs of multiple stakeholders,” Airbnb CEO Brian Chesky said.
Airbnb became a pandemic winner as employees exploited remote-work opportunities and sought out remote locations to live and work.
In 2019, Carney faced flak for criticizing the Trump administration while speaking at a public event and fat-shaming major league baseball umpires on his Twitter account.
The exit rendered Amazon vulnerable as it battled inflation and labor union challenges.
Earlier in June, Amazon Worldwide Consumer CEO David H. Clark resigned after 23 years.
Price Action: AMZN shares traded lower by 2.40% at $121.63 on the last check Friday.
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