Amazon India head is now global SVP

#Amazon #AmitAgarwal #SVP #India #JeffBezos #ecommerce #business

Amit Agarwal, the India head of Amazon, has been promoted to the position of Global Senior Vice President in the $107 billion company. The position is considered the second tier of executive leaders/third highest rank in Amazon, where the first two are Chief Executive Officer and President respectively both of which are given to the Amazon founder Jeff Bezos.

Last year, Agarwal was inducted into Bezo’s S-team, a set of senior leaders who have a direct line to Bezos and play a crucial rile in important decisions that the e-commerce behemoth makes.

The company’s business development head and Chief Financial Officer (CFO) hold the SVP rank, same as Agarwal now.

It is not clear just how many SVPs does Amazon currently have. The company’s website names 4 SVPs in the leadership team while a disclosure in 2010 listed 10 SVPs in the company.

Amazon has been narrowing the gap with its Indian rival Flipkart and has made more than $3 billion in investments in India as it considers India to be the second largest market for itself after its home country – US.

Read the full article here.

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