Jeff Bezos is stepping down as Amazon’s C.E.O. Andy Jassy, the chief of Amazon’s cloud computing department, will become chief executive. Amazon’s founder Jeff Bezos will become executive chairman. When Mr.Bezos established an online bookstore named Amazon in 1994, he was asking himself “What’s the internet?” continuously.
He answered that question by making Amazon into a $1.7 trillion worth company. People call Amazon “the everything store” because various items are selling through it. In this process, Mr.Bezos outpaced the retail industry, turned Amazon into a logistics giant,. It extended into cloud computing, streaming entertainment, and AI capable devices.
At one time, he was the world’s wealthiest man. Yesterday he started his work at the summit of the company has ended. As Amazon announced its latest categories of blockbuster financial results with Jeff Bezos stepping down as a C.E.O news. Mr.Bezos remarked he planned to hand over the company to Andy Jassy the chief executive of Amazon’s cloud company this summer.
This alteration will be valid from July. “As many as I still tap dance into the office, I’m eager about this change,” Mr.Bezos indite in an email to Amazon’s staff members. As executive chairman, he stated he intends “to concentrate my spirit and concentration on new outputs and early initiatives.”
The variation of the watchman is about to break out the bound of Amazon, which Mr.Bezos has symbolizes for more than 20 years. His influence on corporate America and his statement of the way that merchandise is sold formed him into one of the world’s most important technology and business leaders.