Mackey and Amazon's CEO of Worldwide Consumer Jeff Wilke spoke in an excited manner about the deal to employees at a town hall meeting on June 16, according to an SEC filing released Monday afternoon.
When the executives talked at Amazon's headquarters in Seattle six weeks ago they only spoke for 90 minutes, but they could have spoken for 10 hours, Mackey said. "It was truly love at first sight," he said. "I'm very serious."
Mackey called the deal "a historical moment" that is the second most important day in the company's history, only behind its birthday of September 20, 1980. "Together, these two companies are going to do tremendous dreams together," Mackey said. "We're going to make a big difference in the food industry."
Analysts and investors have reacted mostly positive to the deal, believing it's a win-win situation with Amazon getting a well-know quality grocer that it can help by giving it a facelift in technology. Amazon's stock closed up less than 1% to $995.17 on Monday, while Whole Foods' stock closed up 1.27% to $43.22.
Full details of the deal will remain secret until it officially closes, but here are the important early details we learned about the pending deal from the town hall meeting.
1. Whole Foods' headquarters will stay in Austin.
Whole Foods' base will remain in Austin, while Amazon's will stay in Seattle. "I'm going to get a lot of frequent flyer miles flying to Seattle," Mackey joked.
2. Mackey will stay on as Whole Foods CEO, but there will be some leadership changes.
Mackey is excited to stay on as CEO and noted that the upcoming changes in Whole Foods' leadership will not be "forced" on them by Amazon. The changes are more about putting Amazon people in Austin and Whole Foods people in Seattle, he said. "Because at the end of the day, we're all Amazon people," he added.
The leaders also note that employees will have some amazing opportunities to advance in the newly formed company. "Its going to be great opportunities for people in this room," he said.
3. Whole Foods' culture is going to become more competitive.
Whole Foods' culture will inevitably change when it's absorbed by Amazon, Mackey said. The evolving culture will benefit the company, making it more competitive, he added. In five years, people will be amazed at what Whole Foods becomes, he added.