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.
Actor Richard Mofe-Damijo has debunked rumour of having a “young wife” in Lagos as reported by some news platforms. RMD...
2Baba has publicly pushed back against his family over their involvement in his marriage, insisting their actions have spiraled...
Forbes in its 2023 list of 25 richest people in the world, featured Bernard Arnault on the No. 1...