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Amazon founder Jeff Bezos to step down as CEO; to give reins to cloud boss Jassy
Bezos is ending his role as CEO on a high note: the business he began as an internet bookseller 27 years ago is now one of the world s most valuable companies and posted three consecutive record profits after losses in decades prior; on Tuesday, Amazon reported quarterly sales above $100 billion for the first time
Reuters | February 3, 2021 | Updated 09:52 IST
Amazon.com Inc founder Jeff Bezos
Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of the company s transformation from web retailer to internet conglomerate. ....

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