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| Jeff Bezos |
Jeff Bezos, the world's richest businessman and Amazon founder, is stepping down as Amazon CEO. Jeff Bezos will take over as executive chairman of the company from the third quarter of this fiscal year. Andy Jassy, the current head of Amazon Web Services, will be the new CEO of Amazon. Jeff Bezos commented that this is a favorable time for a transfer and that Andy Jassy is a talented team leader.
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| Andy Jassy |
Jeff Bezos says the relocation is due to the need to focus on the online industry as well as use energy to do many worldly things. Bezos' move is to focus on the Bezos Day One Fund, the Bezos Earth Fund, space exploration, and journalism. Bezos added that he has good confidence about Andy Jassie.
Andy Jassie, who holds an MBA from Harvard Business School, joined Amazon in 1997. It was Andy Jassie who started the Amazon web service and developed it into a great cloud platform. Amazon's current market value is $ 1.6 trillion.
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