Flexport leadership change suggests lack of market-defining progress

Flexport CEO Ryan Petersen will hand over the reins to Amazon logistics vet Dave Clark, a move that shows the forwarder’s lure for heavyweight talent, but which may also serve as an acknowledgement of slower-than-expected market share gains des…

Clark has indicated he needs five years to make Flexport “the best supply chain company in the world,” a process that will pit him against his old employer Amazon. Photo credit: Shutterstock.com.

Flexport CEO Ryan Petersen will hand over the reins to Amazon logistics vet Dave Clark, a move that shows the forwarder’s lure for heavyweight talent, but which may also serve as an acknowledgement of slower-than-expected market share gains despite billions in venture backing.