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Read more about Amazon's Jeff Bezos to step down as CEO in Q3, Andy Jassy to take over on Business Standard. Bezos, who founded the company 27 years ago, will become the executive chairman of the Amazon Board
Amazon CEO and founder Jeff Bezos announced on Tuesday that he will step down as the CEO of the company.
521 Views The billionaire founder of Amazon, Jeff Bezos, is stepping down as the company’s CEO in an announcement that has hit the headlines the world over. The news was shared on Tuesday, February 2nd amid the online behemoth’s latest financial results in which Amazon reported sales of $125.6bn in the last three months of 2020. The results, stated the company, made for the largest quarter to date. A combination of holiday season sales and the surge in online shopping driven by the pandemic fuelled a net sales growth of 44 per cent for the fourth quarter, and a 38 per cent for the full y...
Tech leaders including CEOs of Google, Microsoft congratulate Jeff Bezos, Andy Jassy on new roles February 03, 2021 Jeff Bezos (File Photo) - REUTERS× Bezos will be transitioning to a new role of Executive Chair of the Amazon Board this year, making way for Andy Jassy, CEO of Amazon Web Services to take over as the CEO of Amazon Tech leaders on Wednesday took to Twitter following the announcement of Jeff Bezos stepping down as the Chief Executive Officer of Amazon. Bezos will be transitioning to a new role of Executive Chair of the Amazon Board in Q3 (July-September) this year, making ...
Jeff Bezos: Read Amazon founder’s letter to employees © Provided by The Independent Jeff Bezos in 1999 on the future of the internet Amazonfounder and CEOJeff Bezos announced on Tuesday he is stepping down from his current role with the company he started in 1994 as an online bookstore, which exploded into a retail and computing mammoth. Andy Jassy, the chief executive of Amazon’s cloud computing division, will take over. Mr Bezos will serve as executive chair of the Amazon board. The changes are effective this July at the start of the third quarter. Fellow Amazonians: I’m excited to ...