Bobby Burack
Videos by OutKick
Major news in the business world and the entire world in general. Jeff Bezos said Tuesday that he will soon step down as CEO of Amazon, which he founded 27 years ago.
Bezos will transition to an executive chair role in the third quarter of this year, and Andy Jassy, the chief executive of Amazon Web Services, will take his place.
Here’s a quick look at Bezos’ run:
Jeff Bezos will be stepping down as CEO later this year and transitioning into an Executive Chairman role.
Not a bad run as CEO… pic.twitter.com/ylO3ful6Fa
— Joe Pompliano (@JoePompliano) February 2, 2021
“I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO,” Bezos said in a letter to Amazon employees. “In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be an outstanding leader, and he has my full confidence.”
Big picture: Amazon is still going to take over the world.
…in other words, he was just diagnosed with stage 4 cancer, and he’s getting out before news leaks and it murders the stock value.
Why not a latinx woman?
Giving the reigns to another white male i thought that was illegal i mean come on man
Pedo Island frequent visitor
He is getting out before the government begins to investigate Amazon as a monopoly. Once the heat is over the dickhead will return to the company,
He is just dumping the congressional hearings and depositions on someone else.
There’s also the potential unionization of warehouses.
No way the government ever investigates Amazon. The Swamp looks out for itself.
Amazon just took out full-page ads in support of the $15/hour minimum. Of course, it has NOTHING to do with killing small businesses and competition. None at all.
I thought the story was going to be him stepping down so he could have more time to address climate change.