Andy Jassy officially takes over as Amazon CEO from Jeff Bezos
Jeff Bezos, who has served as the CEO of Amazon since founding the company exactly 27 years ago on July 5th, 1994, has officially stepped down from the role. Andy Jassy is now listed as the company’s CEO on its investor relations website, after previously having run Amazon Web Services since 2003, while Bezos is listed as Executive Chair. The July 5th handover date was previously announced in a shareholder meeting in May.
It’s an important moment for Amazon, which has had the same CEO for the entirety of its existence. Under Bezos’ leadership, the company survived the dot-com bubble bursting in the late 90s to become one of the world’s most prominent technology companies. Amazon currently dominates online commerce in the US and parts of…