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Jeff Bezos stepping down is good news. Here’s why.

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Good in the ‘Wood Wednesdays, where we share good news happening in Hollywood and beyond. For this week’s #HollyGOOD news: We’re telling you why Jeff Bezos stepping down as CEO of Amazon is good news.Bezos announced his decision in a leaked letter to employees on Tuesday, February 2, 2021.

Amazon Web Services CEO, Andy Jassy, is set to take over in the third quarter of 2021 while Bezos will step into his new role as the Executive Chair of Amazon’s board.In the leaked letter, Jeff Bezos said, “I intend to focus my energies and attention on new products and early initiatives.”According to The Seattle Times, Bezos also wants to devote more time and effort into his philanthropic work.

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