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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