Home United States USA — Sport Bezos story is a 'warning volley over the bow' to Amazon board...

Bezos story is a 'warning volley over the bow' to Amazon board to make a succession plan: Yale's Jeff Sonnenfeld

357
0
SHARE

Amazon should start thinking about CEO Jeff Bezos’ successor, says Yale’s Jeff Sonnenfeld. But that doesn’t mean he thinks Bezos should go.
The ongoing drama surrounding Amazon CEO Jeff Bezos could be « mildly » harmful to the company’s brand and should be a warning to the board to have a succession plan in place, management expert Jeffrey Sonnenfeld told CNBC on Friday.
In a blog post published Thursday, Bezos claimed the National Enquirer threatened to post sexual pictures the billionaire texted to his mistress, including a « below the belt selfie. » He accused the tabloid’s publisher, American Media Inc., of blackmail and extortion.
« This is a warning volley over the bow that they need to know — who is their Tim Cook to this brilliant Steve Jobs? » the senior associate dean at the Yale School of Management said on  » Power Lunch . » Cook succeeded Jobs as CEO of Apple.
« We need to know who else is there besides Jeff Bezos, » he added.
But that doesn’t mean Sonnenfeld thinks Bezos should go.

Continue reading...