Business Context and Reporting Period
This Form 8-K filing by Amazon.com, Inc. was submitted on March 19, 2007, reporting events occurring on that date and effective dates in April 2007. The filing addresses Item 5.02 regarding the departure of a principal accounting officer and the appointment of a successor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes within the finance department.
Material Changes
- Departure: Mark Peek resigned as the Company's principal accounting officer, effective April 15, 2007, to become Chief Financial Officer at VMware, Inc.
- Appointment: Shelley Reynolds, Vice President, Finance and Controller, was appointed as the new principal accounting officer, effective immediately following Mr. Peek's termination.
Management Commentary and Risks
The filing provides background on the incoming officer: Ms. Reynolds, age 42, joined Amazon in February 2006 as Controller and previously served as a partner at Deloitte & Touche LLP since 1998. No specific risks, contingencies, or unusual financial items are disclosed in this document.
Investor Verification Checklist
- Confirm the effective date of Shelley Reynolds' appointment as principal accounting officer.
- Verify the transition timeline between Mr. Peek's departure and Ms. Reynolds' assumption of duties.
- Review subsequent filings for any impact on internal controls or financial reporting processes resulting from this leadership change.
