Andy Jassy, the head of Amazon Web Services (AWS), will be taking over as Chief Executive Officer of Amazon in the third quarter, replacing the company’s founder, Jeff Bezos . The company made the announcement that Jassy would replace Bezos, who is moving to the role of executive chair, on Tuesday afternoon, although there was long-time speculation that Jassy would be taking over the reins. Jassy, who helpd found AWS in 2003, became CEO of AWS, the on-demand cloud computing subsidiary of Amazon, in 2016. “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 employees, according to CNBC . “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.” Jassy first joined Amazon in 1997 and pushed the company to add music sales to its retail services, according to The Washington Post In the early 2000s Jassy, now 52, had a role… Read full this story
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