Amazon.com President Takes Position with VerticalNet

Amazon.com president and chief operating officer Joe Galli has joined VerticalNet as president and chief executive officer, replacing Mark Walsh at VerticalNet. Walsh has been named the business-to-business firm’s chairman.

Amazon.com founder and chief executive officer Jeff Bezos will re-assume the position of Seattle-based Amazon’s president.

By making this move, Galli turns from the Web-based consumer goods industry to the online B-to-B arena. Horsham, PA-based VerticalNet provides 57 industry-specific Web sites that provide information and e-commerce capabilities.

Galli had been with Amazon for just over a year. He came to the online retailer from Black & Decker, where he was president of the global power tools and accessories division.