Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over
On Tuesday, Amazon founder Jeff Bezos will step down as the company’s chief executive officer during the third quarter of 2021. He will be handing over the CEO role to Andy Jassy, who heads Amazon Web Services.
Mr. Bezos, in a letter to Amazon employees, said he would “stay engaged in important Amazon initiatives” but would pivot towards philanthropic initiatives, including his Day One Fund and Bezos Earth Fund, and other business ventures in space exploration and journalism.
Top executives and prominent figures at other major companies around the world have been sending their congratulations to Bezos and Jassy via Twitter.
Microsoft CEO Satya Nadella, noting Mr. Jassy’s accomplishments, said, “a well-deserved recognition of what you have accomplished”.
Congratulations to @JeffBezos and @ajassy on your new roles. A well-deserved recognition of what you have accomplished.
— Satya Nadella (@satyanadella) February 2, 2021
Marc Benioff, CEO of Salesforce, also took to Twitter to say Amazon “could not be in better hands.”
https://twitter.com/Benioff/status/1356719466130808833
The 57-year-old Jeff Bezos, whose net worth is estimated to be $185.7 billion, has headed Amazon since its inception as an online bookstore in 1994. The company, which has reported $386 billion in sales in 2020, currently employs 1.3 million people across the world.
