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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