Panos Panay, main solution officer of Microsoft Corp., shows the new Floor Laptop 3 computer system all through a Microsoft product occasion in New York, U.S., on Wednesday, Oct. 2, 2019. Microsoft unveiled a dual-monitor, foldable telephone that will operate on Google’s Android operating system, leaping again into a marketplace it exited many years back.
Mark Kauzlarich | Bloomberg | Getty Photos
Former Microsoft item chief Panos Panay will join Amazon later on this yr to oversee its gadgets and services device, the firm said Wednesday.
Panay will substitute longtime Amazon equipment head Dave Limp, who introduced previous thirty day period he’d step down from his role in the coming months after much more than 13 decades at the business. Panay will begin at Amazon at the conclusion of Oct, and Limp will continue to be on to assist with the changeover. Panay will report instantly to Amazon CEO Andy Jassy, and will be part of Jassy’s S-staff, a tight-knit group of senior executives across numerous parts of the company’s organizations.
“As a robust merchandise builder and inventor who has deep working experience in equally hardware and built-in solutions, Panos will be a good addition to our D&S group relocating forward,” Jassy wrote in a memo to workforce.
Limp wrote in a independent memo that he’s “recognised Panos for years,” adding that “he will be a wonderful addition to this organization shifting ahead.”
Panay oversaw the company’s profitable Windows functioning-technique company, as nicely as the Surface area line of units, most of which have been Windows PCs. Previously this thirty day period, Microsoft reported Panay would leave the company right after extra than 20 a long time.
Panay is becoming a member of Amazon at a precarious second for its units and expert services division. As portion of Jassy’s broader energy to rein in fees, he has axed numerous of the company’s more unproven bets, which includes a video-calling system for kids and a roving sidewalk robotic. The unit was strike with layoffs as portion of the major career cuts in Amazon’s background, which resulted in much more than 27,000 staff remaining let go.
Morale has experienced within just the hardware division amid the layoffs and a perceived absence of major solution developments, Reuters described, citing interviews with existing and former staff.
—CNBC’s Jordan Novet contributed to this post.
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