Whole Foods CEO says he’s ‘not afraid to get fired’ over clashes with Amazon

The relationship between Amazon.com Inc. and Whole Foods has been rocky because the tech big acquired the grocery chain a yr in the past, Whole Foods Chief Executive John Mackey informed workers this week, however he mentioned he’s held his floor and is proud of the way it turned out.

Mackey spoke at a company-wide assembly Tuesday, and Business Insider acquired an audio recording of his feedback.


“I ultimately am not afraid to get fired so — not that I think they are going to fire me — but I’m not afraid of it, so that gives me a position of strength to speak truth to power when it’s necessary to do so, and I’ve done it many, many times.”



John Mackey, Whole Foods CEO


While Mackey mentioned “it’s been an incredible year” and pointed to better-than-expected gross sales, he acknowledged there have been challenges.

“I’m sure that Amazon has probably gotten more disagreement from me than any other single person and possibly more than everyone else combined,” he mentioned.

Mackey didn’t elaborate on the disagreements, however mentioned “Amazon has listened, and they have been very respectful, and they have backed off.”

“I’m overall pleased with where we’re at,” he mentioned. “Does that mean I love absolutely everything about Amazon? No. I don’t. I don’t love absolutely everything about my wife either, but on balance, I love like 98%. That’s a pretty good ratio based on my previous relationships.”

Amazon introduced its $13.7 deal to buy Whole Foods on June 16, 2017. Amazon has since instituted various modifications, and in March the Wall Street Journal reported greater than a dozen high executives and managers had left Whole Foods, with some complaining a couple of conflict of company cultures.

Amazon shares












AMZN, +0.36%










  are up 46% this yr, and up 74% up to now 12 months, in comparison with the S&P 500’s












SPX, -0.40%










  good points of practically four% and 14%, respectively

Source link

allofit Author

Leave a Reply