Jeff Bezos officially steps down as CEO of Amazon

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Amazon founder Jeff Bezos He officially stepped down as CEO of the company on Monday and took the reins. Amazon Web Services manager Andy Jassy.

The retail giant announced the transition at a shareholder meeting in May. Mr. Bezos He will remain with the company as chairman of the board of directors.

β€œIn my role as Executive Chairman, I intend to focus my energy and attention on new products and early startups,” he said. Bezos said in an internal email Amazon employees in February. β€œAndy well known within the company and Amazon almost as much as me. he is will be an outstanding leader and he is I have full confidence.”

Mr. Bezos has served as CEO since AmazonIt was founded in 1994. Monday marked the 27th anniversary of the founding of the company.

Mr. jassy He joined the company in 1997 and Amazon Web Services department since 2003.

AmazonStarting as an online bookstore, Mr. Bezos‘ leadership and is now recognized as the dominant online commerce platform and one of the world’s leading technology companies.

Mr. Bezos He is the richest man in the world with a total net worth of $203 billion, according to Bloomberg’s Billionaires Index.

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