Amazon.com Names Tom Szkutak as Senior Vice President and Chief Financial Officer.Business Editors SEATTLE--(BUSINESS WIRE)--Aug. 30, 2002 Amazon.com (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ) announced that Thomas J. Szkutak will become its Senior Vice President and Chief Financial Officer. Mr. Szkutak joins Amazon.com after more than 20 years with General Electric where he is currently the Chief Financial Officer for GE Lighting. He will begin at Amazon.com in the next several weeks. "Tom brings a terrific blend of financial, operational, and international expertise that will be a great asset to Amazon.com," said Jeff Bezos Jeffrey Preston Bezos (born January 12, 1964 , Albuquerque ) is the founder, president, chief executive officer, and chairman of the board of Amazon.com. Bezos, a Phi Beta Kappa graduate of Princeton University, worked as a financial analyst for D. E. Shaw & Co. , founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Amazon.com. "Tom's considerable talent and experience will help Amazon.com continue to drive down costs so that we can even further lower prices for customers." Prior to being named CFO See Chief Financial Officer. of GE Lighting, Mr. Szkutak oversaw the GE Plastics finance operations The execution of the joint finance mission to provide financial advice and guidance, support of the procurement process, providing pay support, and providing disbursing support.See also financial management. for Europe, The Middle East, Africa and India. In addition, he was Executive Vice President Finance for GE Investments in Stamford, Conn. "As a dedicated customer of Amazon.com, I have always been a big fan of the company and its mission of putting the customer first," said Mr. Szkutak. "I look forward to working with the team as we add selection, lower prices, and improve the overall customer experience." About Amazon.com Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online at a great price. Amazon.com and sellers list millions of unique new and used items in categories such as electronics, computers, kitchen and housewares house·wares pl.n. Cooking utensils, dishes, and other small articles used in a household, especially in the kitchen. , books, music, DVDs, videos, camera and photo items, toys, baby and baby registry, software, computer and video games This article is about the British magazine covering computer and video games. For the American magazine, see Computer Games Magazine. Computer And Video Games (CVG , cell phones and service, tools and hardware, travel services, magazine subscriptions and outdoor living items. Through Amazon Marketplace Amazon Marketplace ( i.e:Third-party Marketplace ) is Amazon.com's fixed-price online marketplace that allows sellers to survey their goods alongside Amazon's offerings. Buyers can buy new and used items sold directly by a third party through Amazon. , zShops and Auctions, any business or individual can sell virtually anything to Amazon.com's millions of customers. Amazon.com operates five international Web sites: www.amazon.ca, www.amazon.co.uk, www.amazon.de, www.amazon.fr, and www.amazon.co.jp. This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, strategic alliances and business combinations, seasonality, potential fluctuations in operating results and rate of growth, foreign currency, management of potential growth, system interruption, international expansion, consumer trends, fulfillment center optimization, inventory, limited operating history, government regulation and taxation, fraud and Amazon.com Payments, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2001, and all subsequent filings. |
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