Amazon’s CEO Steve Ballmers “really worried” about the direction of the company, the company’s chairman said Tuesday.
“We are not a big company with a lot of money,” Jeff Bezos said during an interview on The Howard Stern Show, referring to the company.
“But we do have a lot and I am very worried about it.
I really am.”
Ballmer said that the company would have “no doubt” that its next CEO will succeed Ballmer, who has held the top leadership position at the company since January 2017.
He added that he had a “deep respect” for Ballmer and would be glad to help him with any challenges the company faces.
The comments come after Amazon Chief Executive Officer Jeff Bezos announced a plan to spend $1 billion to buy a majority stake in the company in a deal that is expected to close in the first half of 2019.
Ballmer has repeatedly said he is not interested in selling his stake, saying that he believes Amazon’s business will grow significantly.
Bezos and Ballmer spoke by phone on Tuesday, and the two also discussed the possibility of Amazon’s stock price going up again.
“I really want to see our stock go up,” Ballmer told Stern.
“This is a company that is really, really, in the right direction.
We have a great product, great customers, great employees.
We are on the cusp of something big.”
The two also touched on other topics, including whether Amazon is facing any competition from the online marketplace, and how the company might handle a global recession.
Bezos said Amazon’s future growth could depend on how well the company delivers the “best of both worlds” of content and commerce, adding that he thinks the company is “on the right track.”
“We need to keep working with our suppliers to make sure we have the best product on the planet, because if we don’t do that, it’s going to be really difficult for us to survive,” Ballmers said.
“Amazon is going to need to be very strategic, very disciplined, very efficient and very, very thoughtful about the business.”