Jeff Bezos to step down as Amazon CEO on July 5, Andy Jassy to take over
Seattle-based Amazon.com Inc. announced that Bezos was stepping down as CEO in February, but didn't provide a specific date.
Stay updated with breaking news from Amazon New Ceo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Seattle-based Amazon.com Inc. announced that Bezos was stepping down as CEO in February, but didn't provide a specific date.
We'll soon meet in your inbox. Please wait... In the same earnings report in which Amazon said 53-year-old Jassy would succeed Jeff Bezos later this year, the company reported that AWS pulled in $12.7 billion in sales in the fourth quarter, making the unit a $50 billion business on an annual basis. “Andy brings the first principles thinking that has always been a part of what’s made Amazon successful — deeply trying to understand the end customer, creating building blocks by which other people can build and than being good at rapidly iterating,” said Matt McIlwain, a managing directo...
Updated Feb 03, 2021 | 08:06 IST Amazon bets on a future powered by web services, as Bezos decides to step down as CEO. The solid results were overshadowed by the CEO transition, with insider & cloud brainchild set to take over this year. Jeff Bezos decides to step down as CEO of Amazon  Key Highlights Andy Jassy's elevation will keep rival cloud players on toes 'Jassy will be an outstanding leader, and he has my full confidence', says Bezos Mumbai: Andy Jassy - the man named to take over from Jeff Bezos - has been in charge of the web services arm at Amazon since...