An American internet entrepreneur, industrialist, Jeff Bezos will resign as chief executive of Amazon, the company he founded more than 25 years ago.
Amazon announced that it’s Web Services chief Andy Jassy will take over the role.
Bezos said in a letter to employees:
“I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO,”.
“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.”
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