Jeff Bezos next effect will drop as Amazon CEO. He confirmed this news at the company’s annual shareholder meeting held on Wednesday. In addition, he said that the final role as Amazon CEO will be on July 5, 2021. According to Variety, Bezos will now be the chairman of the Amazon executive, and the Amazon Web service CEO Andy Jassy will take over the work.
Bezos said July 5 was chosen as a date because it was sentimental to me. Exactly 27 years ago, this was the only one when Amazon was included in 1994. In addition, he said, I was very happy to switch to the position of executive chairman where I would focus on my energy and attention to new products and initial initiatives.
File – In this June 6 File photo, Amazon CEO Jeff Bezos speaks at the Amazon Convention Re: Mars, in Las Vegas. Bezos, which fostered Amazon from an internet bookstore to the giant shopping online, said Wednesday, May 26, 2021, that Amazon Executive Andy Jassy will take over the role of the CEO in 5. July / John Locher)
The Amazon founder announced this plan to reduce CEOs earlier this year. At that time, the company said the transition to Jassy would take place at some point. Jassy is part of the Amazon web service in 2003 and starting 2016, he has become the Division CEO he changed to Juggernaut. In the first three months, AWS produced around $ 13.5 billion, namely 12% of Amazon’s total income.
Because Amazon enjoys financial success, Jassy will take a helmet during a shaky time for the company. Amazon is currently facing antitrust supervision in the US and Europe from the regulator. This week alone, the Attorney General DC Karl Racine sued the company to harass illegally and maintained the power of monopoly by controlling prices in the online retail market and for DC’s legal violations.
Meanwhile, the news for the transition date will come on the same day when Amazon announces an agreement to buy MGM of $ 8.45 billion.
