Amazon CEO

Bezos To Step Down As Amazon CEO, Andy Jassy To Succeed

Bezos To Step Down As Amazon CEO, Andy Jassy To Succeed

February 3, 2021 7:10 am

Amazon CEO, Jeff Bezos will step down in the third quarter of 2021. Top executive Andy Jassy has been confirmed the successor.

Bezos, founder of Amazon in 1994, is transmuting to the board chairman.

Read Also: Elon Musk Overtakes Jeff Bezos, Now World’s Wealthiest Person

Jassy joined Amazon in 1997. He has led the Web Services cloud team since its inception. AWS drives much of Amazon’s profit.

‘I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO,’ Bezos said in a letter to employees.

‘Andy is well known

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