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»Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years 2-MIN READ Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years Andy Jassy had started with Amazon as a marketing manager in 1997. (Photo: Reuters) Andy Jassy had long been rumoured to be a potential Jeff Bezos successor. His ascension as Amazon CEO won’t take place until the third quarter of 2021. FOLLOW US ON: Andy Jassy is all set to take over as the next CEO of Amazon, replacing Jeff Bezos, Amazon announced on Tuesday. Bezos, who founded Amazon as an online bookstore and built ...

Amazon Founder Jeff Bezos To Step Down As CEO Of E-Commerce Giant, To Be Replaced By AWS Chief Andy Jassy Amazon CEO Jeff Bezos (David McNew/Getty Images) In a significant development, Amazon CEO Jeff Bezos has announced to step down as CEO and a transition to a new position as executive chair of the Amazon board in the third quarter this year. The development comes as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. Andy Jassy, who is the CEO of the company's profit-making Cloud arm Amazon Web Services (AWS), will replace Bez...

In 2006, Andy Jassy had founded Amazon’s AWS, Amazon’s cloud service platform used by millions of businesses across the world. The service competes with Microsoft Corp’s Azure and Alphabet Inc’s Google Cloud.

World's richest man Jeff Bezos to step down as Amazon CEO - Amazon recorded $100 billion in sales for last three months of 2020. It is one of the few companies that thrived during the coronavirus pandemic.