Microsoft's Panos Panay leaves to head Amazon devices after cuts
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Panos Panay, Microsoft's Chief Product Officer, is leaving after 20 years to take over for Amazon's retiring head of devices.
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Insiders say Panay was unhappy after Microsoft made cuts and canceled products in his Windows + Devices division.
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Microsoft recently scaled back the Surface hardware business that propelled Panay's career, canceling some experimental products.
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At Microsoft, Panay was known as a demanding leader who expected a premium, detail-oriented experience.
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Panay's move to Amazon is unsurprising given his passion for consumer products, though Amazon's devices unit has struggled lately.