Clark, 49, is taking the reins of a company that has clearly passed the show-me test. Though he created Amazon’s transportation and logistics business, Clark had little exposure to the company’s still-fledgling ocean freight business, perhaps in part because it wasn’t as much of a focus. Flexport, which has a massive war chest after raising $2.35 billion since its founding, may be on the acquisition hunt under Clark. The perception some may hold is that Clark represents the seasoned executive that Flexport requires at this stage of its life cycle. Kuznetsova said Petersen and Flexport deserve praise for elevating the importance of technology to improve the performance of global supply chains.

Source: Forbes June 13, 2022 11:10 UTC