Executive Sells Big Chunk of Stock in Amazon

January 3, 2011
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Jan 03 – Jan 09, 2011 Edition Executive Sells Big Chunk of Stock in Amazon

AUTHORLINK NEWS/January 3, 2011(CORRECTED January 4, 2011– Jeffrey A. Wilke, senior vice president of Amazon.com’s north America Retail division, has sold nearly $1.7 million in common stock at Amazon, according to a Securities & Exchange Commission Statement of Change in Ownership filed January 3, 2011.

Wilke sold the common stock in two separate transactions on December 30, 2010, one for 985 shares at $184.23 per share, and another for 8,100 shares for $183.22 for a total of $1,666,358.55.

According to Amazon’s web site, Mr. Wilke has served as Senior Vice President, North American Retail, since January 2007. From January 2002 until December 2006, he was Senior Vice President, Worldwide Operations. Jeff Wilke joined Amazon.com as Vice President and General Manager, Operations in September, 1999. He left AlliedSignal (now Honeywell) where he was Vice-President and General Manager, Pharmaceutical Fine Chemicals, a $200 million global business. Jeff spent the preceding five years in a variety of operations and general management assignments in the chemical, polymer, and electronics industries. Jeff did his graduate work (MBA and MS in Chemical Engineering) at MIT’s Leaders For Global Operations (formerly Leaders for Manufacturing) program where he focused on Total Quality and Process Improvement techniques. He also holds a BSE degree in Chemical Engineering, Summa Cum Laude, from Princeton University.

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