“Intel, Microsoft, Oracle – you see this pattern,” he said.
Even before a founder leaves, executives sense that a company is approaching a new era, he said.
“People get the idea that Jeff is adjusting, and that makes people start thinking about other options,” he said, adding that as companies grow, leaders often have less bureaucracy and more financial benefits when they do walk.
“We have had and still have remarkable leadership retention and continuity,” said Chris Oster, an Amazon spokesman. The average tenure is 10 years for vice presidents and more than 17 years for senior vice presidents, he added.
Mr Bezos long played up MPs’ longevity. In 2017, an employee asked him at a forum about the lack of diversity in his senior team, the so-called S-Team, which consisted almost exclusively of whites and men, and Mr. Bezos said it was an advantage that his senior deputies had been by his side for years.
Any change in the team, he said, would be “very gradual over a long period of time.”
In recent years, Mr. Bezos has resigned from much of Amazon’s day-to-day business and instead focuses on strategic projects and external projects like its space start-up Blue Origin, which gives its deputies even more autonomy.
Mr. Bezos, 57, re-involved in everyday affairs at the beginning of the pandemic. But in February he did announced that he planned to step down from the helm of Amazon and become the company’s CEO. It is scheduled for July 20th to fly aboard his rocket company’s first manned space flight.
Mr. Bezos was handed over shortly after Mr. Wilke, who was considered a potential successor for a long time, announced his resignation.