Jeff Bezos To Step Down As Amazon CEO After 26 Years

Jeff Bezos To Step Down As Amazon CEO After 26 Years

Amazon founder and current CEO Jeff Bezos will be transitioning to executive chair of the company later this year, with current AWS CEO Andy Jassy taking over the top executive role at the commerce company.

Amazon announced the news alongside its earnings results on Tuesday.

Bezos has been Amazon’s CEO since its founding in 1995. He oversaw its growth from an online bookseller into a $1.7 trillion global retail and logistics behemoth, which has also made Bezos into one of the world’s richest people.

Andy Jassy has worked for Amazon since 1997 and currently serves as CEO of the company’s cloud business, Amazon Web Services, its biggest profit driver.

Idowu Babalola Photo
Idowu Babalola

Socially Not Social. IG & Twitter - @Braggamando

All author posts
Related Posts
Stonebwoy emerges top winner at the 2024 TGMA’s
Stonebwoy emerges top winner at the 2024 TGMA...

Stonebwoy emerges as the undisputed champion at the just-concluded 25th Telecel Ghana Music Awards (TGMAs), taking home a whopping seven...

Naira Marley Will Serve 7 Years In Prison As EFCC Files 11 Charges Against Him
Naira Marley Will Serve 7 Years In Prison As ...

“Issa Goal” crooner, Naira Marley (real name: Azeez Fashola) is set to serve a 7-year jail term based on...

Tiwa Savage and Ayra Starr perform ‘Stamina’ at event
Tiwa Savage and Ayra Starr perform ‘Stamina...

Tiwa Savage and Ayra Starr delivered a memorable performance of their hit song “Stamina” in Sierra Leone, leaving the...

Write A Comments