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.

Related Posts
Michael Blackson says he intends to build schools in Ghana, Liberia & Nigeria
Michael Blackson says he intends to build sch...

American based , Ghanaian- Liberian actor and comedian took to his Twitter page earlier today to state that he...

Danny Young Slams Music Industry Over Waje’s Recent Outburst
Danny Young Slams Music Industry Over Waje’...

Danny Young has showered praises on fellow singer Waje who recently announced in an interview that she is quitting...

Cobhams Asuquo’s “Ordinary People” Album and other projects to Launch in Asia
Cobhams Asuquo's "Ordinary People" Album and ...

Cobhams Asuquo to officially launch Ordinary people and other music projects in Asia. Cobhams Asuquo is a producer and...

Write A Comments