Amazon CEOMichael Weihert – Kevin
Matthews
About Jeff Bezos
o Born January 12, 1964 in Albuquerque, NMo Frequented his grandfather’s ranch in Texas
o Graduated Valedictorian at Palmetto Senior High School
o Attended Princeton Universityo Graduated: 1986
o Founded Amazon.com in 1994
o Net worth today: $36 Billion
Background of Company
o Founded in Seattle, Washington in 1994o “Cadabra Inc.” to “Amazon”
o Initially sold books but expanded
o Operates: North America and International
o Yearly sales jumped from $510,000 in 1995 to over $17 billion in 2011.
o 2013 Revenue – US $74.45 Billion
Brief Timeline
o 1994 – Founded by Jeff Bezos
o 1997 – Went public
o 1998 – Started offering CD’s and videos
o 2002 – Amazon Web Services
o 2005 – Amazon Prime
o 2007 – Released the Kindle
Stock Price
o Closing Stock Price 2/27/14: $360.13
Chronologically color coded comparison and contrast of changes
o 2009 Acquired Zappos.com for $850 Milliono 2011 Launched the Kindle Fireo 2013 Purchased the Washington Post for $250 Million
Amazon Art, Washington Post, Drone R&D announcement
Board Members
o Director since February 1997
o Martha’s Tableo Smithsonian Institutiono Bill & Melinda Gates
Foundationo Microsoft Corporation
o Director since April 2003o Kleiner Perkins Caufiled & Byerso Electronic Arts, Inc.o Zynga
William B. (Bing) GordonPatricia Q. Stonesifer
Jeff Bezos Interview
http://www.tubechop.com/watch/210104660 Minutes: Jeff Bezos
o Bezos’ prediction to be implemented by 2015.o Would receive packages under 5lbs within half an
hour.
o FAA foresees it to be used in 2026 instead.Noticeable Problems
Theft Being shot down Other air traffic Weather
News - Delivery By Prime Air
News – Walmart & Target Fight Back
o Summer of 2012, Walmart and Target discover Amazon’s ‘Trojan horse’ sales techniques.
o Big box retailers and distributers realize Amazon’s competitive potential.
o Walmart and Target eradicated Kindles from their inventory.
Interesting Facts
o At age 3, he took apart his crib with a screwdriver because he wanted to sleep in a real bed.
o Banned PowerPoint presentations & requires his staff to turn in six-page papers
o He takes one day each week to run Blue Origin, his private rocket ship company
Space Travel
o Bezos is no bozo when it comes to innovation.
o Currently is building a space port in West Texas.
Van Horn, TX
Works Cited
http://itmg330ecommerce.wordpress.com/welcome/ceos/jeffbezos-amazon/#workscited