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Friday, October 11, 2024
CEOWORLD magazine - Latest - Banking and Finance - Ring’s founder Jamie Siminoff is leaving Amazon

Banking and Finance

Ring’s founder Jamie Siminoff is leaving Amazon

The founder of Ring, Jamie Siminoff, has announced his departure, resulting in a significant change in leadership for the popular video doorbell company.

Ring was founded by Siminoff with the goal of enabling users to answer their door using their smartphones.

In 2018, Amazon acquired Ring for a whopping $1 billion. After five years of working with Amazon, Ring founder, Siminoff, has decided to move on to new endeavors. Liz Hamren has been appointed as the new CEO of Ring.

Since CEO Andy Jassy succeeded founder Jeff Bezos almost two years ago, at least 40 individuals at the vice president level or higher have departed from Amazon.

What’s next for Jamie Siminoff?

Latch, Inc. (NASDAQ: LTCH) has appointed Jamie Siminoff as its new CEO, replacing the interim CEO, Jason Keyes.

“I’m excited to join the Latch team, which has built an incredible offering that users across the country enjoy and benefit from every day,” said Jamie Siminoff.

“Smart, secure access control is not only fundamental to real estate operators like myself, but also to residents and service providers. I look forward to combining Honest Day’s Work with Latch to build a residential ecosystem that empowers building owners, operators, service providers, and residents alike.”


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CEOWORLD magazine - Latest - Banking and Finance - Ring’s founder Jamie Siminoff is leaving Amazon
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


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