Jeff Bezos, founder of Amazon, will step down as CEO of the company. This was announced and confirmed by the company in a statement.
Amazon noted that Bezos will step down as CEO in the fall. At that time, he will be replaced by Andy Jassy, who until now serves as director of Amazon Web Service, a division dedicated to cloud computing services. Jassy has worked at Amazon since 1997.
It is important to make clear that this will not be Bezos leaving the company he founded in 1995. He will continue to operate as president of Amazon, but will now have time to dedicate himself to other initiatives within the company.
“Being the CEO of Amazon is a huge responsibility and it is demanding. When you have a responsibility like this, it is difficult to pay attention to anything else. As chairman of the board, I will continue to participate in important Amazon initiatives. But I will also have the time and energy I require to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions. I’ve never had more energy, and this is not about retiring. I am passionate about the impact I believe these organizations can have, ”Bezos said in a letter to employees.
And to you, what do you think of this news? Do you think this impacts the future of Amazon in a big way? Tell us in the comments.