Jeff Bezos taps former Amazon Alexa head to lead $10 billion Earth fund

Jeff Bezos taps former Amazon Alexa head to lead  billion Earth fund


Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of his expected wedding, in Venice, Italy, on June 25, 2025.

Guglielmo Mangiapane | Reuters

Jeff Bezos is bringing in a veteran Amazon executive to oversee his $10 billion climate and biodiversity fund.

Tom Taylor, who previously ran Amazon’s Alexa voice assistant division, will serve as the new president and CEO of the Bezos Earth Fund, the former tech executive wrote in a LinkedIn post on Tuesday. Taylor announced his retirement from Amazon in 2022 after roughly 23 years at the company, which also included a role overseeing the third-party seller services unit.

“I am thrilled to join the Bezos Earth Fund and lead with the bold mandate to invent our way out of Earth’s environmental challenges with a combination of long-term thinking, technical curiosity, and excellent execution,” Taylor wrote.

Bezos launched the fund in 2020 to combat the effects of climate change by issuing grants to scientists, activists and other organizations in their efforts to “preserve and protect the natural world.” The fund aims to disburse all its capital by 2030.

So far, the fund has distributed $2.3 billion in grants, according to its website.

Bezos has spent more time on the fund since stepping down as CEO of the e-commerce giant in 2021. Bezos has in recent years donated Amazon shares to the fund and some of his other philanthropic efforts.

Taylor will replace Andrew Steer, the former head of an environmental think tank, who stepped down as the fund’s CEO in February.

WATCH: Amazon CEO Jeff Bezos’ wedding sparks Venice protests

Amazon CEO Jeff Bezos' Italian wedding sparks protests



Source

Stocks end November with mixed results despite a strong Thanksgiving week rally
Technology

Stocks end November with mixed results despite a strong Thanksgiving week rally

A Thanksgiving week rally couldn’t put all three major indexes in the green for November. The S & P 500 gained nearly 4% for the week, while the Dow Jones Industrial Average added more than 3% — a strong enough showing for each to eke out gains for the month. It extends their streak of […]

Read More
Palantir has worst month in two years as AI stocks selloff
Technology

Palantir has worst month in two years as AI stocks selloff

CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | Reuters It’s been a tough November for Palantir. Shares of the software analytics provider dropped 16% for their worst month since August 2023 as investors dumped AI stocks […]

Read More
CME disruption, Black Friday, the K-beauty boom and more in Morning Squawk
Technology

CME disruption, Black Friday, the K-beauty boom and more in Morning Squawk

CME Group sign at NYMEX in New York. Adam Jeffery | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Down and out Stock futures trading was halted this morning after a data center “cooling […]

Read More