Founder and CEO Jeff Bezos will transition to role of Executive Chair (chairman of the board of directors) in the second half of 2021. Andy Jassy to become new Chief Executive Officer of Amazon at that time.
The company announced this decision yesterday, indicating Andy Jassy as its successor. Jassy is currently the CEO of Amazon Web Services, Amazon’s company dedicated to providing cloud computing systems.
Bezos is 57 years old and is the founder of Amazon, with which he became one of the richest men in the world and the most famous and symbolic character of the digital revolutions of these decades, transforming the initial success of the e-commerce site into a development extended digital services and innovative technological projects that have placed Amazon in the small group – Apple, Facebook, Google – of the huge digital companies that today govern the lives and economies of billions of people.
“Amazon is what it is because of invention. We do crazy things together and then make them normal. We pioneered customer reviews, 1-Click, personalized recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more,” said Jeff Bezos, Amazon founder and CEO. “If you do it right, a few years after a surprising invention, the new thing has become normal. People yawn. That yawn is the greatest compliment an inventor can receive. When you look at our financial results, what you’re actually seeing are the long-run cumulative results of invention. Right now I see Amazon at its most inventive ever, making it an optimal time for this transition.”