Page 16 - Amazon Board News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bezos, 57, founded Amazon in 1994 and has since morphed the one-time online bookstore into a mega-retailer with global reach in a slew of different categories from gadgets to groceries to streaming. Amazon surpassed a $1 trillion market cap under Bezos' leadership in January of last year — it's now worth more than $1.6 trillion. The company had kept its succession plans quiet, though onlookers speculated that either Jassy or Jeff Wilke, CEO of Amazon's worldwide consumer business, would be Bezos' eventual successor. In August Amazon announced Wilke will retire in 2021. Jassy, 53, will becom...

Amazon founder and CEO Jeff Bezos is stepping down from his current role. He'll be replaced by Andy Jassy, current CEO of Amazon Web Services. Bezos will move to a new role as the Executive Chair of the Amazon Board. Today, Amazon founder and CEO Jeff Bezos announced that he would be stepping away from his current position. Bezos had led the company since its inception in 1994 and overseen its growth to the online retail giant it currently is. Bezos will be replaced by Andy Jassy, the current CEO of Amazon Web Services. Bezos himself will not be fading into obscurity, he will instead become E...