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Jeff Bezos will step down as Amazon CEO in Q3 2021, to be replaced by Andy Jassy- Technology News, Firstpost


Jeff Bezos will step down as Amazon CEO in Q3 2021, to be replaced by Andy Jassy
“Jeff is really not going anywhere. It’s more of a restructuring of who’s doing what,“ Amazon’s Chief Financial Officer Brian Olsavsky said.
Feb 03, 2021 13:09:36 IST
Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the summer by Andy Jassy, who runs Amazon’s cloud-computing business. In a blog post to employees, Bezos said he planned to focus on new products and early initiatives being developed at Amazon. He said he would have more time for side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns. ....

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Jeff Bezos to step down Amazon CEO Andy Jassy | Business News – India TV


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Jeff Bezos to step down as Amazon CEO
Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the fall by Andy Jassy, who runs Amazon’s cloud-computing business.
In a blog post to employees, Bezos said he planned to focus on new products and early initiatives being developed at Amazon. He said he would have more time for side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns. ....

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