The Managing Director of Amazon UK is leaving the company to become CEO of Shutterfly effective May 31, 2016. Christopher North joined Amazon UK in 2006 and has been UK Managing Director since 2011.
In a press release this week, Shutterfly praised North’s accomplishments at Amazon. “Under his leadership, Amazon’s UK revenue has grown rapidly to more than $9 billion in 2015. Mr. North will assume leadership responsibilities of Shutterfly, and build upon the success of an organization that has grown to over $1 billion in revenue.”
According to the Wall Street Journal, Shutterfly will give North a base salary of $700,000, reporting that “a substantial amount of his compensation will be aligned with “the creation of long-term shareholder value.””
Amazon UK is growing its network of fulfillment centers – two more will be added this year bringing the total number of warehouses to 12. And it has also been growing its corporate presence there.
Amazon said recently it expects its total workforce to grow to 14,500 by the end of 2016 – that includes jobs outside of its warehouses, including its Fashion Photography Studio and new Amazon Web Services (AWS) UK data centers. It has invested more than 4.6 billion pounds in the UK economy to build and run its UK business since 2010.
Amazon will lease a new corporate office in the Shoreditch section of London in 2017. The new space will provide the company with total capacity for over 5,000 corporate employees in London.