Benzinga | Dec 16, 2021 03:07AM EST

Amazon Taps Prime Boss To Take Lead At Healthcare Front

Amazon.com, Inc (NASDAQ:AMZN) senior vice president Neil Lindsay has been appointed to oversee the retail giant's healthcare expansion.

What Happened: Lindsay's LinkedIn profile lists him as senior vice president, health and brand, at Amazon.

The executive continues to lead the Jeff Bezos-founded company's global brand and marketing efforts, a person familiar with the matter told CNBC.

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Why It Matters: Lindsay formerly headed Amazon's Prime subscription business and worked on branding for Kindle, Fire and Echo devices, noted CNBC.

The executive is a part of Amazon's "S-team" that reports to CEO Andy Jassy.

Last year, Amazon launched Amazon Pharmacy in a bid to disrupt the lucrative $300 billion pharmacy market.

In 2018, Amazon collaborated with Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and JPMorgan Chase & Co (NYSE:JPM) on employee health. It was announced in January that the collaboration dubbed Haven would come to an end.

More recently, Amazon's cloud chief Adam Selipsky was reported to be planning a shift away from popular customer solutions to specific sectors like healthcare among others.

Price Action: On Wednesday, Amazon shares closed 2.5% higher at $3,466.30 in the regular session.

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