Jeff Bezos says he’ll go away position as Amazon CEO this summer time to move up firm board — RT Enterprise Information

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Amazon’s Jeff Bezos will step down as the corporate’s CEO within the third quarter of 2021, handing the place to Andrew Jassy as he transitions to function government chair of the e-commerce big’s board.

“I’m excited to announce that this Q3 I’ll transition to Government Chair of the Amazon Board and Andy Jassy will develop into CEO,” Bezos introduced in a press release on Tuesday, including that in his position as government chair, he’ll focus his energies on “new merchandise and early initiatives.” 

Whereas Bezos didn’t elaborate on his causes for stepping down, Jassy – Amazon Net Companies’ present CEO – will take over to move up the broader Amazon group after the transition someday this summer time.

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