Jeff Bezos to Step Down as Amazon CEO; Andy Jassy Moves Up
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February 2, 2021
Nearly three decades after he founded Amazon, Jeff Bezos will step down from his role as the commercial juggernaut’s chief executive and “transition to the role of Executive Chair,” the company announced on Feb. 2.
“Right now I see Amazon at its most inventive ever, making it an optimal time for this transition,” Bezos said in a statement. In a message to employees published by the company, Bezos said his new role would involve a focus on “new products and early initiatives.”
“I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin,