ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Bezos' Blue Origin replacing CEO with Amazon exec

Blue Origin, Amazon founder Jeff Bezos' aerospace company, is replacing chief executive Bob Smith with Amazon executive Dave Limp, the company confirmed Monday.

Amazon founder Jeff Bezos' aerospace company Blue Origin will soon have a new CEO, the company confirmed to FOX Business on Monday.

Blue Origin said chief executive Bob Smith is stepping down at the end of the year and Amazon executive Dave Limp will take his place.

"Dave is a proven innovator with a customer-first mindset. He has extensive experience in the high-tech industry and growing highly complex organizations, including leading Amazon’s Kuiper, Kindle, Alexa, Zoox, Fire TV, and many other businesses," Blue Origin said in a statement.

Regarding Smith, the company said, "In his six years, Bob led Blue Origin’s transformation from an R&D-focused company into a multi-faceted space business nearing $10 billion in customer orders and over 10,000 employees."

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Earlier this year, Blue Origin won a $3.4 billion contract to build a spaceship for NASA's next astronaut mission to the moon after being passed up for the opportunity in 2021. Blue Origin’s human landing system would take two astronauts to the moon’s southern polar region where they will conduct scientific and exploration activities.

Fox Business' Daniella Genovese contributed to this report.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.