Jeff Bezos, the founder of Amazon, who started the company on July 5, 1994, has officially stepped down and former AWS executive Andy Jassy has taken over as the CEO of the commerce behemoth.
According to the official reports, Jassy is now listed as President and CEO of Amazon.com and also serves on the Board of Directors. Jassy founded and led Amazon Web Services (AWS) from its inception and served as its CEO from April 2016 until July 2021. In May, Bezos had announced that Jassy will take over as the CEO of the e-commerce giant on July 5.
The report further stated that Jeff chooses the date because July 5 is sentimental for him and it’s the date that Amazon was incorporated in 1994 which is exactly 27 years ago. Jassy joined Amazon in 1997 and, prior to founding AWS, held various leadership roles across the company, including both business-to-business and business-to-consumer.
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