Andy Jessy is all set to assume the office of the Chief Executive Officer (CEO) of Amazon today (Monday) as its founder Jeff Bezos has already stepped down from his seat.
Amazon had announced that Jassy, who is the current CEO of Amazon Web Services (AWS), would replace Bezos as CEO of the entire company in February. Bezos will become executive chair of Amazon’s board.
“As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions,” Bezos said in a statement in February. “I’ve never had more energy, and this isn’t about retiring. I’m super passionate about the impact I think these organizations can have.”
Jassy is one of the most important executives in Amazon’s history, having led the hugely successful AWS — the cloud computing technology that underpins Netflix, Spotify, Fortnite, and other major services — to astronomical heights. He joined the company in the late ’90s and was tasked with exploring what would become AWS around 2003. Since then, it has become a massive revenue-driver for the company, earning $13.5 billion last quarter alone.
It must be noted that Jeff Bezos will leave for space on July 7 this year.
