Jeff Bezos to leave his role as the Amazon CEO

Jeff Bezos to leave his role as the Amazon CEO

Last updated:

We are independent and we need help to keep the industry thriving. News is important during the COVID-19 Pandemic; it can be informative especially during the toughest times of all. For us, there is a need to speed up so we can inform and share what matters faster. You can help with the progress by donating to us.

Make a donation orange-arrow

CEO Jeff Bezos will be stepping down from his role since he founded the e-commerce company Amazon 27 years ago. Bezos is the second richest man in the world, at age 57.

Employees were sent a letter on Tuesday regarding the resignation during the third quarter of 2021.

Andy Jassy, the head of Amazon’s cloud-computing unit will take over, becoming the executive chair of Amazon’s board.

Advertisement Advertisement - Advertise with thisquality

Amazon was founded in 1994 as a bookseller platform online but has since turned into its own Silicon Valley giant that sustains 37% of all online sales in the United States.

In January, the market for Amazon surpassed a valuation of $1 trillion, continuing to grow and go up on the charts.

Bezos will reportedly be stepping down to focus on ‘other passions’ such as the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post.

“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,” Bezos said.

“As much as I still tap dance into the office, I’m excited about this transition,”


If you liked this publication, please consider donating to support thisquality being independent. Protect trustworthy news from official Government newswires and voices inside local communities. Invest in a range of interesting fields of storyful perspectives that matter.

Donate here orange-arrow
Notify of
Inline Feedbacks
View all comments