Flexport, a technology platform for global logistics, announced that Dave Clark will become CEO and join the company’s board of directors on September 1, 2022. Ryan Petersen, Flexport’s founder and current CEO, will serve as co-CEO for six months after Clark’s appointment to ensure a smooth transition. In March 2023, Petersen will then assume the role of Executive Chairman to focus on the company’s long-term vision and strategy.
Clark brings more than two decades of global commerce and logistics leadership experience. Currently serving as CEO Worldwide Consumer at Amazon, he joined Amazon in 1999 and helped transform the company from an online bookstore to one of the benchmarks in technological innovation and supply chain management.
During his 23-year tenure at Amazon, Clark held a variety of senior leadership positions prior to becoming the CEO of its Worldwide Consumer division, including Senior Vice President Worldwide Operations, Vice President Global Customer Fulfillment, and Vice President North America Operations.
Flexport was founded in 2003 with the mission of making global trade easy for everyone. In 2021, the company recorded $3.3bn in revenue, more than doubling its previous annual revenue, and had its first EBIT positive year. It now has nearly 3500 employees across 23 offices worldwide. In February 2022, Flexport raised $935m in a Series E investment round led by Andreessen Horowitz and MSD Partners with continued support from DST Global and Founders Fund. The investment brought Flexport’s post-money valuation to over $8bn.
