Long time Zappos employee Kedar Deshpande is named CEO of the Las Vegas-based, Amazon-owned Zappos, an online retailer of shoes, clothing, bags, and fashion accessories.  Zappos was started in 1999 by Harvard graduate Tony Hsieh in California and moved to Henderson in 2004.  In 2009, Amazon acquired Zappos.

As reported by the footwearnews.com, Kedar Deshpande, COO at the company, has assumed the role of CEO.

“I’m reaching out to share that Tony has decided to retire as CEO of Zappos. We want to thank Tony for his 20 years of work on behalf of Zappos customers and employees and wish him well in his next chapter,” Deshpande wrote in the email. “Effective today, I will be assuming the role of CEO and will be working to make this a seamless transition. As always, we are focused on wowing customers and the 10 core values that drive us every day.”

Deshpande, a graduate of Doctor Babasaheb Ambedkar Marathwada University and the University of Nevada – Reno, started with Zappos in 2011 as Portfolio Manager.  Over the years, Deshpande had multiple roles with multiple executive-level positions leading up to the Chief Operating Officer in 2019.