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E-commerce giant Amazon founder, Jeff Bezos, would leave his chief executive post this year, transferring the spot to Andy Jassy, the company s cloud computing chief. The recent shift in the firm was announced on Tuesday. Jeff Bezos will then transition to executive chairman of Amazon s board. The founder of the world s biggest online retailer turned around the fate of the company, which started as a one-time online bookstore. The company had kept its succession plans quiet. But according to a CNBC report, onlookers thought it was either Jassy or Jeff Wilke who would be Bezos eventual successor. Wilke is the mega-retailer company s worldwide consumer business CEO. He is set to retire this year. Meanwhile, Jassy, who is already 53 years old, will become CEO in the third quarter.

United statesAndy jassyJeff wilkeBrian olsavskyJeff bezosTim hubbardBlue originAmazon web servicesWashington postBezos earth fundWeb servicesExecutive chairAmazon boardExec chairHelp smallNotre dame