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Jeff Bezos to Step Down as Amazon CEO

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variety.com
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Todd Spangler NY Digital EditorAmazon announced that founder Jeff Bezos will step down as CEO in the third quarter of 2021, moving into a new role as executive chair.Andy Jassy, currently CEO of Amazon Web Services (AWS), will become Amazon.com’s CEO at that time.

The ecommerce giant made the announcement alongside blowout fourth-quarter 2020 earnings.Bezos didn’t directly address the executive transition plan in his prepared remarks.“Amazon is what it is because of invention,” Bezos said in a statement. “We do crazy things together and then make them normal.

We pioneered customer reviews, 1-Click, personalized recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace,.

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