CNBC September 27, 2023
Annie Palmer

Key Points

– Amazon confirmed departing Microsoft product chief Panos Panay will join the company to oversee its devices and services unit.

– Last month, Amazon devices head Dave Limp announced his plans to retire from the company.

– Panay is joining Amazon at a precarious moment for its devices and services unit.

Former Microsoft product chief Panos Panay will join Amazon later this year to oversee its devices and services unit, the company said Wednesday.

Panay will replace longtime Amazon devices head Dave Limp, who announced last month he’d step down from his role in the coming months after more than 13 years at the company. Panay will start at Amazon at the end of October, and Limp will...

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