Jeff Bezos to step down as Amazon CEO
In a letter to his employees, Jeff Bezos said he planned to devote himself to philanthropic causes, space and the Washington Post (illustrative image) AFP / Archivos
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Jeff Bezos, the founder of Amazon, announced on Tuesday, February 2, that he would step down this year as CEO of the e-commerce giant while remaining chairman of its board.
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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 is (the company) it is thanks to inventions,
" Jeff Bezos said in the group's quarterly earnings release.
“
If you do it right, a few years after a surprising invention, new things become normal.
People are yawning.
It is the greatest compliment an inventor can receive,
”he continued.
"
Amazon has never been so inventive, so now is a great time for this transition
."
Amazon strengthened by the pandemic
The announcement comes as Amazon emerges greatly
strengthened from a year of pandemic
that has exploded online commerce and cloud needs.
Its net profit doubled in the fourth quarter of 2020, to $ 7.2 billion, thanks to the lucrative holiday season and lockdown measures in many countries.
►
To read also: Amazon is already the big winner of containment
Future boss Andy Jassy joined Amazon when the company was still in its take-off phase in 1997 as director of marketing.
He founded Amazon Web Services there in 2003. The cloud branch, less known to the general public, has become one of the most profitable of the group that dominates this global market, ahead of Microsoft and Google.
Amazon is worth more than $ 1.6 trillion on the stock market.
In a letter to his employees, Jeff Bezos said he planned to devote himself to philanthropic causes, to space and to the
Washington Post
, an American daily that he bought.
►
Also to listen: Should we and can we stem the power of Amazon?
(
With
AFP)
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