Tony Hsieh, former CEO of Zappos, dies at 46



[ad_1]

LONDON: Tony Hsieh, former CEO and founder of online footwear and clothing retailer Zappos, died on Friday (November 27), the company said in a statement.

The Las Vegas, Nevada-based company did not name the cause of his death, but TechCrunch reported, citing a spokesman for Hsieh, that he died from injuries sustained in a Connecticut home fire.

In tribute to Hsieh, Nevada Governor Steve Sisolak said in a Twitter post, “Tony Hsieh played a pivotal role in helping transform downtown Las Vegas.”

Hsieh retired last summer after spending 20 years with the company, Zappos CEO Kedar Deshpande said in a statement.

“The world has lost a tremendous visionary and an incredible human being,” Deshpande said.

Amazon.com Inc, which bought Zappos for $ 1.2 billion in 2009, said: “We are deeply saddened to learn of Tony Hsieh’s untimely passing, and our thoughts are with his family and friends. Tony was a visionary and innovative leader who will be lost. “.

[ad_2]