Jeff Bezos reports MGM Jeff Bezos

Jeff Bezos to Step Down as Amazon CEO on July 5

Reading now: 209
thewrap.com

The $189 billion man is still expected to still be heavily involved with the tech giant, though, as he moves into his new role as executive chairman of Amazon.

Jassy, meanwhile, has been with Amazon since 1997 and spearheaded the launch of Amazon Web Services, the company’s cloud business, in 2003.

AWS has since grown into a key cog in the Amazon machine, recently reporting $13.5 billion in revenue in Q1, up 32% year-over-year.

Bezos took a moment to sing Jassy’s praises during Wednesday’s shareholder meeting. “He has the highest of high standards and I guarantee that Andy will never let the universe make us typical,” Bezos said. “He has the energy needed to keep alive in us what has made us special.

Read more on thewrap.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA