Founder of e-commerce giant Amazon, Jeff Bezos said on Tuesday that he would step down from his role as CEO of the company this year.
Andy Jassy, currently head of the group's cloud branch (AWS), will become the new boss of the Seattle-based company in the third quarter.
Amazon founder Jeff Bezos said on Tuesday that he would step down as CEO of the e-commerce giant this year while remaining chairman of its board.
Andy Jassy, currently head of the group's cloud branch (AWS), will become the new boss of the Seattle-based company in the third quarter;
this announcement comes as Amazon emerges greatly strengthened from a year of pandemic that has exploded online commerce and cloud (remote computing) needs.
Its net profit doubled in the fourth quarter of 2020 to $ 7.2 billion.
Jeff Bezos will remain "engaged" for Amazon
Jeff Bezos, however, said he would remain "engaged" in major decisions of Amazon.
In a letter to employees, the Amazon founder said he will focus more on charitable causes, space and the
Washington Post
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