Amazon is considering replacing CEO Jeff Bezos with former Microsoft executive Mike Schiller as its chief product officer, The Hill has learned.
Sources familiar with the matter told The Hill that Amazon has identified Schiller to lead the company’s product strategy and product strategy group, a move that would allow Amazon to shift to a more strategic and hands-on approach.
Amazon’s move would mean it would focus more on the online marketplace business than its traditional retail operations.
The move would also allow the company to more quickly shift to digital strategy.
Schiller, the CEO of Apple and Amazon, stepped down in June as Amazon faced criticism for its retail strategy and for its lack of diversity in its leadership.
Schillers departure followed reports that Amazon was planning to buy Whole Foods Market for $13 billion.
It is unclear what the move would entail.