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Amazon CEO Jeff Bezos to step down

Christian Fernsby |
Seattle, Wash., USA - Amazon announced that Jeff Bezos will transition to the role of executive chair in the third quarter of 2021 and Andy Jassy will become chief executive officer at that time.

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Jeff Bezos founded in 1994.

Mr. Bezos is also the founder of aerospace company Blue Origin.

Mr. Bezos graduated summa cum laude, Phi Beta Kappa in electrical engineering and computer science from Princeton University in 1986, and was named TIME Magazine’s Person of the Year in 1999.

Andy Jassy is CEO of Amazon Web Services (AWS).

Mr. Jassy joined Amazon in 1997.

Prior to founding AWS, Mr. Jassy held various leadership roles across the company.