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Bezos, who founded the company in 1994, will step down after company recorded $100bn in sales for last three months of 2020

Jeff Bezos, billionaire founder of Amazon, will step down as chief executive, the company announced on Thursday.

Bezos, who will remain executive chair, will hand the reins to Andy Jassy, chief executive of Amazon Web Services, the company’s fast-growing cloud computing business.

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Up next
Author

Bezos, who founded the company in 1994, will step down after company recorded $100bn in sales for last three months of 2020

Jeff Bezos, billionaire founder of Amazon, will step down as chief executive, the company announced on Thursday.

Bezos, who will remain executive chair, will hand the reins to Andy Jassy, chief executive of Amazon Web Services, the company’s fast-growing cloud computing business.

Continue reading…

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