Amazon.com 2011 Annual Report Download - page 13

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Thomas J. Szkutak. Mr. Szkutak has served as Senior Vice President and Chief Financial Officer since
joining Amazon.com in October 2002.
H. Brian Valentine. Mr. Valentine has served as Senior Vice President, Ecommerce Platform, since
joining Amazon.com in September 2006.
Jeffrey A. Wilke. Mr. Wilke has served as Senior Vice President, North America Retail, since January
2007.
L. Michelle Wilson. Ms. Wilson has served as Senior Vice President, General Counsel, and Secretary
since July 2003.
Board of Directors
Name Age Position
Jeffrey P. Bezos .......... 48 President, Chief Executive Officer, and Chairman of the Board
Tom A. Alberg ........... 71 Managing Director, Madrona Venture Group
John Seely Brown ......... 71 Visiting Scholar and Advisor to the Provost, University of Southern
California
William B. Gordon ........ 61 Partner, Kleiner Perkins Caufield & Byers
Blake G. Krikorian ........ 44 Founder and Chief Executive Officer, id8 Group Productions, Inc.
Alain Monié ............. 61 President and Chief Executive Officer, Ingram Micro Inc.
Jonathan J. Rubinstein ..... 55 Former Chairman and CEO, Palm, Inc.
Thomas O. Ryder ......... 67 Retired, Former Chairman, Reader’s Digest Association, Inc.
Patricia Q. Stonesifer ...... 55 Vice Chair, Board of Regents, Smithsonian Institution
Item 1A. Risk Factors
Please carefully consider the following risk factors. If any of the following risks occur, our business,
financial condition, operating results, and cash flows could be materially adversely affected. In addition, the
current global economic climate amplifies many of these risks.
We Face Intense Competition
Our businesses are rapidly evolving and intensely competitive, and we have many competitors in different
industries, including retail, e-commerce services, digital content and digital media devices, and web services.
Many of our current and potential competitors have greater resources, longer histories, more customers, and
greater brand recognition. They may secure better terms from vendors, adopt more aggressive pricing and devote
more resources to technology, infrastructure, fulfillment, and marketing.
Competition may intensify as our competitors enter into business combinations or alliances and established
companies in other market segments expand into our market segments. In addition, new and enhanced
technologies, including search, web services, and digital, may increase our competition. The Internet facilitates
competitive entry and comparison shopping, and increased competition may reduce our sales and profits.
Our Expansion Places a Significant Strain on our Management, Operational, Financial and Other
Resources
We are rapidly and significantly expanding our global operations, including increasing our product and
service offerings and scaling our infrastructure to support our retail and services businesses. This expansion
increases the complexity of our business and places significant strain on our management, personnel, operations,
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