“Right now I see Amazon at its most inventive ever, making it an optimal time for this transition” - Jeff Bezos
From starting up as an online book store in 1994 to now being called “The Everything Store”. Extending itself beyond just being an e-commerce company to Cloud Computing, Artificial Intelligence, Digital Streaming, Amazon has transformed to a great extent under the leadership of their founder Mr. Jeff Bezos.
After being the company’s driving force since its founding, Mr. Bezos is all set to step down as the Chief Executive Officer in the 2nd half of 2021, handing over the responsibility to AWS chief Mr. Andy Jassy.
Mr. Bezos will become the executive chairman.
“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.”
- Jeff Bezos