Jeff Bezos to step down as Amazon CEO later this year

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.

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. February 03, 2021 at 06:28AM https://ift.tt/3aqLn33