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After Jeff Bezos: the changing of the guard at Amazon

After Jeff Bezos: the changing of the guard at Amazon
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Amazon shareholders yawned as Jeff Bezos stepped down. Why?

When Jeff Bezos founded Amazon out of his Seattle garage in 1994, he set himself on a path to become the richest man in the world. It was the beginning of a company that would change the way people buy and sell things around the globe and spell doom for traditional retail stores in the coming decades. - Tribune News Service Courtesy of Tribune News Service (Nomad Ventures, Inc./Corbis, Getty Images) Courtesy of Tribune News Service (Emma McIntyre, Getty Images)

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Amazon after Bezos: Andy Jassy's leadership challenges, analysis

Andy Jassy is set to replace Amazon founder Jeff Bezos as CEO later this year. While the move may be a natural step for Jassy, it s a giant leap for Amazon. The end of the Bezos era could mark a crucial and overdue turning point for the company s culture. Last week, after 27 years of delivering world-changing surprises to the masses, Jeff Bezos, the founder and chief executive of Amazon, emailed his employees with another bombshell: He was stepping down. Fellow Amazonians, he began. I m excited to announce that this Q3 I ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO.

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Meet Andy Jassy, the next CEO of Amazon

  Amazon founder Jeff Bezos will transition from CEO to executive chair and pass the reins to Andy Jassy, a 24-year Amazon veteran, later this year, the company announced Tuesday. Though not as public a figure as Bezos, Jassy is an accomplished executive in his own right having grown Amazon s cloud segment, Amazon Web Services, from its inception into a $45 billion business and the company s biggest moneymaker. Now, he will take over leading the broader company as it builds on a year of massive growth caused by the pandemic. Andy is well known inside the company and has been at Amazon almost as long as I have, Bezos wrote in a letter to employees Tuesday. He will be an outstanding leader, and he has my full confidence.

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Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?

Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?
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