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An Amazon spokeswoman declined to comment on the Bloomberg report, citing a policy against addressing rumors or speculation.
An employee serves visitors at the booth for Chinese online travel agency Tuniu.com during a tourism festival in Fuzhou, Southeast China's Fujian province, Nov 12, 2016.[Photo/IC]
An investor checks the stock price in Nanjing, East China's Jiangsu province on Nov 7, 2019. [Photo/VCG]
An independent Board Chair has been found in some academic studies to improve the performance of public companies. Separating the roles of Chair and CEO is the norm in Europe, and 51% of S&P 500 boards split the Chair and CEO roles. In an article in The Washington Post about Facebook’s corporate governance structure in 2017, SumOfUs argued that that an independent Chair of the Board would be better able to oversee the executives of the company, improve corporate governance and set a more accountable, pro-shareholder agenda. SumOfUs believes Amazon.com should also adopt these changes for a similar set of reasons.
An inauguration ceremony of the China (Yunnan) Pilot Free Trade Zone (FTZ) is held in Kunming, southwest China's Yunnan province, Aug 30, 2019. Yunnan province announced the inauguration of its pilot FTZ on Friday. The pilot FTZ covers parts of Kunming, the provincial capital, Honghe Hani and Yi autonomous prefecture and Dehong Dai and Jingpo autonomous prefecture.
