Jeff Bezos to Step Down as Amazon CEO Later in 2021
3 years, 10 months ago

Jeff Bezos to Step Down as Amazon CEO Later in 2021

The Quint  

“Fellow Amazonians: I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. We pioneered customer reviews, 1-Click, personalized recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more. I don’t know of another company with an invention track record as good as Amazon’s, and I believe we are at our most inventive right now. We are leaders in areas as varied as machine learning and logistics, and if an Amazonian’s idea requires yet another new institutional skill, we’re flexible enough and patient enough to learn it.

Amazon  step  youve  weve  bezos  2021  times  amazon  yawn  transition  chair  later  work  ceo  idea  invention  jeff

History of this topic

Billionaire Jeff Bezos wants to 'help' Trump gut regulations
2 weeks, 4 days ago

Billionaire Jeff Bezos wants to 'help' Trump gut regulations

Raw Story  

Billionaire Amazon founder Jeff Bezos on Wednesday expressed his optimism about U.S. President-elect Donald Trump's next term and suggested he would "help" the Republican gut regulations. I'm very hopeful about this—he seems to have a lot of energy around reducing regulation," Bezos told The New York Times' Andrew Ross Sorkin during the newspaper's DealBook Summit. After complaining about the burden …

Jeff Bezos defends Washington Post's ‘right decision’ not to endorse Kamala Harris
2 weeks, 6 days ago

Jeff Bezos defends Washington Post's ‘right decision’ not to endorse Kamala Harris

Hindustan Times  

Jeff Bezos, owner of The Washington Post, defended his decision to halt the newspaper's 36 years long tradition of endorsing presidential candidates, calling it the “right decision.” Then Amazon CEO Jeff Bezos speaks at the the Amazon re:MARS convention on June 6, 2019, in Las Vegas. Amazon founder Jeff Bezos said Wednesday, Dec. 4, 2024 that he is “optimistic” about …

Amazon at 30: From online bookseller to two-trillion-dollar tech giant
5 months, 2 weeks ago

Amazon at 30: From online bookseller to two-trillion-dollar tech giant

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Seattle-based firm is now also established as a leading technology company through the Alexa virtual assistant …

The former Amazon intern now running its profit engine
6 months, 2 weeks ago

The former Amazon intern now running its profit engine

Live Mint  

In the summer of 2005, while at Northwestern University to get his master’s in business, Matt Garman interned at Amazon. “They basically told us there’s no chance that any big bank would ever put a production workload and run it outside of their own facility," Garman said in a 2021 interview at an industry conference. “We often spend as much …

Amazon's Jeff Bezos is ‘so unusual’ because of these 4 unique traits, Andy Jassy says
9 months, 2 weeks ago

Amazon's Jeff Bezos is ‘so unusual’ because of these 4 unique traits, Andy Jassy says

Hindustan Times  

Jeff Bezos built Amazon by being “arguably the most unusual business leader of our era,” current Amazon CEO Andy Jassy, who took over the company’s reins in 2021, said. Andy Jassy said that Jeff Bezos is “so unusual” as a boss because of his traits that make him the person he is. Andy Jassy said, “There aren’t too many other …

Jeff Bezos sells 12 million Amazon shares in first major stock sale since 2021
10 months, 2 weeks ago

Jeff Bezos sells 12 million Amazon shares in first major stock sale since 2021

Hindustan Times  

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. Jeff Bezos, founder of Amazon, speaks at the George W. Bush Presidential Center's Forum on Leadership in Dallas, Texas in April. Amazon disclosed on Feb. 2 that Bezos plans to sell as many as 50 million shares …

Jeff Bezos discloses plan to sell 50 million Amazon shares as stock surges
10 months, 3 weeks ago

Jeff Bezos discloses plan to sell 50 million Amazon shares as stock surges

Hindustan Times  

Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc. over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person. Founder, Chairman, CEO and President of Amazon Jeff Bezos The disclosure comes after Amazon reported its best online sales growth since early in …

Jeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami
1 year, 1 month ago

Jeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami

Associated Press  

NEW YORK — Jeff Bezos is leaving Seattle, where the billionaire founded Amazon out of a garage nearly three decades ago. In a Thursday night Instagram post, the 59-year-old Bezos announced plans to return to Miami — where he spent his high school years — to be closer to his parents and his partner, Lauren Sánchez. Bezos stepped down as …

Jeff Bezos says he will give away most of his fortune
2 years, 1 month ago

Jeff Bezos says he will give away most of his fortune

Associated Press  

NEW YORK — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his girlfriend Lauren Sanchez that was released …

Amazon executive to serve as CEO of logistics company
2 years, 6 months ago

Amazon executive to serve as CEO of logistics company

Associated Press  

An Amazon executive who recently announced his surprising resignation from the e-commerce giant is joining logistics startup Flexport as its new CEO. Dave Clark will begin his new role at the San Francisco-based company on Sept. 1, two months after he steps down from his current role as CEO of Amazon’s worldwide consumer business, Flexport announced Wednesday. Clark and Flexport’s …

Amazon executive in charge of consumer business resigns
2 years, 6 months ago

Amazon executive in charge of consumer business resigns

Associated Press  

The Amazon executive in charge of the company’s worldwide consumer business is resigning after 23 years as the e-commerce giant deals with its overabundance of warehouse space. Dave Clark’s last day at the Seattle-based company will be July 1, Amazon CEO Andy Jassy wrote Friday in a company blog post. As CEO of Amazon’s worldwide consumer business, he oversees several …

Amazon’s CEO of Worldwide Consumer resigns
2 years, 6 months ago

Amazon’s CEO of Worldwide Consumer resigns

CNN  

CNN Business — Dave Clark, Amazon’s Worldwide Consumer CEO, is resigning after 23 years at the e-commerce giant. It’s what drives me.” During his time at Amazon, Clark helped build and oversee the company’s sprawling logistics network of warehouses, delivery trucks, planes and cargo ships, which helped it expedite shipping times and dominate the online retail market. His departure, however, …

Elon Musk responds after Jeff Bezos shares old article predicting Amazon's failure. Viral story
3 years, 2 months ago

Elon Musk responds after Jeff Bezos shares old article predicting Amazon's failure. Viral story

India Today  

There are not many who don’t know the name of Jeff Bezos. The story predicted that Amazon's stock price would plummet drastically and it also said that ‘the idea that Amazon CEO Jeff Bezos has pioneered a new business paradigm is silly.’ However, the story didn’t complete its circle of truth as Amazon is currently one of the largest companies …

Amazon begins new chapter as Jeff Bezos hands over CEO role
3 years, 5 months ago

Amazon begins new chapter as Jeff Bezos hands over CEO role

India TV News  

Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with a stake worth about $180 billion, will still hold …

Amazon begins new chapter as Jeff Bezos hands over CEO role
3 years, 5 months ago

Amazon begins new chapter as Jeff Bezos hands over CEO role

India Today  

Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with a stake worth about $180 billion, will still hold …

Who is Andy Jassy? The man who will take over Jeff Bezos as Amazon CEO
3 years, 5 months ago

Who is Andy Jassy? The man who will take over Jeff Bezos as Amazon CEO

Hindustan Times  

On Monday, Andy Jassy, who is serving as the chief of Amazon Web Services will take over from Jeff Bezos as the new CEO of the one of the world’s biggest tech giants. According to Bloomberg Billionaires Inde, the new Amazon Web Services CEO Andy Jassy has a worth of roughly $500 million. Andy Jassy worked with Bezos and other …

Meet Andy Jassy, the man who takes over as Amazon's new boss
3 years, 5 months ago

Meet Andy Jassy, the man who takes over as Amazon's new boss

India Today  

The former head of Amazon Web Services Andy Jassy officially took over as the CEO of Amazon.com after the world’s richest man, Jeff Bezos, stepped down as the e-commerce giant’s boss on Monday. Read | Amazon adds new leadership principles after 2015, days before Jeff Bezos steps down as CEO AMAZON'S NEW CEO ANDY JASSY In the last letter Bezos …

Amazon begins new chapter as Bezos hands over CEO role
3 years, 5 months ago

Amazon begins new chapter as Bezos hands over CEO role

LA Times  

Even after he steps down as Amazon CEO, Jeff Bezos will still hold sway over the company he started out of his Seattle garage in 1995. Amazon.com Inc. founder Jeff Bezos stepped down as chief executive Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the COVID-19 pandemic. Andy Jassy, who …

Jeff Bezos is stepping down as Amazon CEO. He’ll still have huge power at the company
3 years, 5 months ago

Jeff Bezos is stepping down as Amazon CEO. He’ll still have huge power at the company

CNN  

New York CNN Business — Amazon founder Jeff Bezos on Monday will hand over his chief executive title to Andy Jassy, ending a more than two-decade run leading the company through its evolution from online bookseller to $1.75 trillion global retail, logistics and internet behemoth. The company announced in February that Bezos would transition from CEO to executive chair, saying …

What’s next for Amazon's Bezos? Look at his Instagram
3 years, 5 months ago

What’s next for Amazon's Bezos? Look at his Instagram

The Hindu  

Dwayne “The Rock” Johnson said it was time to bust out the tequila. Mr. Bezos leaves Amazon’s former cloud computing chief Andy Jassy to run a company that is bigger and more valuable than ever. Mr. Bezos, a hedge fund executive turned garage entrepreneur, long defined Amazon’s culture, through business adages like “customer obsession” and “have backbone; disagree and commit,” …

Jeff Bezos is leaving Earth: He plans a brief visit to space
3 years, 6 months ago

Jeff Bezos is leaving Earth: He plans a brief visit to space

LA Times  

Jeff Bezos plans to travel to space in the first passenger-carrying mission of his private space flight company, Blue Origin. Jeff Bezos will go to space next month when his Blue Origin company launches its first passenger-carrying mission. The greatest adventure, with my best friend.” Business How to score a seat on Blue Origin’s first crewed flight to space Jeff …

Jeff Bezos says will pass baton to new Amazon CEO on July 5
3 years, 6 months ago

Jeff Bezos says will pass baton to new Amazon CEO on July 5

The Hindu  

Amazon founder Jeff Bezos has picked a date to step down as CEO. Mr. Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said on Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5. “We chose that date because it’s sentimental for me,” Mr. Bezos said during an Amazon shareholder …

In Jeff Bezos' letter, mention of a couple that bought 2 shares of Amazon in 1997
3 years, 8 months ago

In Jeff Bezos' letter, mention of a couple that bought 2 shares of Amazon in 1997

Hindustan Times  

Jeff Bezos, in his final letter to shareholders as the chief executive officer of Amazon, talked about a couple that bought two shares of the company for their 12-year-old son in 1997, and 24 years later, is going to use the return on their investment to buy a house. Mary and Larry, whose second name was withheld for privacy reasons, …

Bezos says Amazon needs to do better for employees
3 years, 8 months ago

Bezos says Amazon needs to do better for employees

The Hindu  

Amazon.com Inc needs to do better at taking care of its employees, Jeff Bezos said on Thursday in his final letter to shareholders as chief executive officer of the online retail giant. "While the voting results were lopsided and our direct relationship with employees is strong, it's clear to me that we need a better vision for how we create …

Jeff Bezos tells Amazon to take better care of its employees in his last letter as CEO
3 years, 8 months ago

Jeff Bezos tells Amazon to take better care of its employees in his last letter as CEO

India Today  

World's richest man for quite a long time now, Jeff Bezos, is due to step down from his role as a chief executive of Amazon later this year. Bezos has since then written such an annual letter to Amazon shareholders every year, making it into a ritual that several startup CEOs now follow religiously. In his latest letter, which is …

Amazon’s Retail Side Won’t Be a Side Hustle
3 years, 10 months ago

Amazon’s Retail Side Won’t Be a Side Hustle

Live Mint  

Amazon.com’s new boss may come from the cloud. Amazon announced earlier this week that Andy Jassy, current chief executive of the company’s AWS cloud division, will be running the whole company by the third quarter of this year. Consider that Amazon’s direct retail revenue from its online and physical stores, plus its third-party selling services, exceeded $294 billion last year—more …

New Amazon CEO Andy Jassy Reaffirms Commitment to Make Video Games
3 years, 10 months ago

New Amazon CEO Andy Jassy Reaffirms Commitment to Make Video Games

News 18  

Amazon CEO Jeff Bezos, earlier this week surprised everyone by announcing that he will step down as the CEO of the Seattle-based giant later this year, and announced that Andy Jassy, current AWS chief, will succeed him as the CEO of Amazon. Now, a Bloomberg report claims that just a day before he was named the next CEO of Amazon, …

Amazon CEO Jeff Bezos may step down without stepping away
3 years, 10 months ago

Amazon CEO Jeff Bezos may step down without stepping away

The Hindu  

Even after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world’s dominant e-commerce company. Long-time Amazon executive Andy Jassy will be the new CEO, but Bezos will be the company’s executive chairman — corporate speak for board leaders who, unlike most, stay involved in key operational decisions. “Jeff Bezos’ departure as CEO …

Who’s Andy Jassy? A Harvard Alumni, Sports Enthusiast To Take Over As Amazon's Next CEO
3 years, 10 months ago

Who’s Andy Jassy? A Harvard Alumni, Sports Enthusiast To Take Over As Amazon's Next CEO

ABP News  

Amazon founder Jeff Bezos will be stepping down later this year as CEO after almost 30 years to join the Amazon Board as the Executive Chairman. In one of the podcasts in HBS in September, Jassy stated that he took the final exam at HBS on the first Friday of May in 1997 and started working with Amazon next Monday. …

Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years
3 years, 10 months ago

Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years

News 18  

Andy Jassy is all set to take over as the next CEO of Amazon, replacing Jeff Bezos, Amazon announced on Tuesday. Jassy currently leads the company’s cloud computing offshoot, Amazon Web Services, which provides a range of online services for businesses, and is one of the most profitable divisions of the e-commerce giant. In Amazon’s early years, Jassy reportedly took …

E-commerce Giant Amazon's Founder, Jeff Bezos Will Step Down As CEO
3 years, 10 months ago

E-commerce Giant Amazon's Founder, Jeff Bezos Will Step Down As CEO

ABP News  

New Delhi: Amazon's founder Jeff Bezos announced that he will be stepping down as CEO after nearly 30 years to join the Amazon Board as the Executive Chairman. According to AP news, Amazon’s Chief Financial Officer Brian Olsavsky said “Jeff is really not going anywhere.” He added, “It’s more of a restructuring of who’s doing what.” After quitting his at …

Who is Andy Jassy, the next CEO of Amazon?
3 years, 10 months ago

Who is Andy Jassy, the next CEO of Amazon?

The Hindu  

Amazon.com’s new chief executive, Andy Jassy, set to replace founder Jeff Bezos, is a long-time Amazon executive who has worked at the company since 1997. Mr. Jassy, who joined Amazon after graduating from Harvard Business School, worked as a technical assistant for Mr. Bezos in the early 2000s and was instrumental in leading the company’s push outside of book sales. …

Jeff Bezos, Amazon’s founder, will step down as CEO
3 years, 10 months ago

Jeff Bezos, Amazon’s founder, will step down as CEO

Associated Press  

NEW YORK — Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the summer by Andy Jassy, who runs Amazon’s cloud-computing …

Jeff Bezos to step down as Amazon CEO later this year
3 years, 10 months ago

Jeff Bezos to step down as Amazon CEO later this year

India TV News  

Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. Under Bezos, Amazon also launched the first e-reader that gained mass acceptance, and its Echo listening device made …

Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?
3 years, 10 months ago

Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?

CNN  

New York CNN Business — Amazon founder Jeff Bezos will transition from CEO to executive chair and pass the reins to Andy Jassy, a 24-year Amazon veteran, later this year, the company announced Tuesday. Jassy also spent time in the early 2000s in a position referred to at the time as Bezos’ “shadow,” a role similar to a corporate chief …

Jeff Bezos has been halfway out the door at Amazon for a while
3 years, 10 months ago

Jeff Bezos has been halfway out the door at Amazon for a while

CNN  

New York CNN Business — “Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call Tuesday – a call that Bezos wasn’t even on, despite theannouncement moments earlier that he would be stepping down as CEO later this year, with Andy Jassy as his successor. “Although not as familiar a …

What’s next for Jeff Bezos: Amazon’s $188bn founder seeks to conquer space and save the planet
3 years, 10 months ago

What’s next for Jeff Bezos: Amazon’s $188bn founder seeks to conquer space and save the planet

The Telegraph  

Former Amazon executives will tell you that Jeff Bezos likes control. The billionaire’s love of “six pagers” – a lengthy memo read out loud at the beginning of each Amazon meeting – along with his interest in every single nut and bolt keeping the $1.7 trillion company running, made his bombshell decision to quit as chief executive all the more …

Jeff Bezos to Step Down as Amazon CEO, AWS Chief Andy Jassy to Succeed in Top Role
3 years, 10 months ago

Jeff Bezos to Step Down as Amazon CEO, AWS Chief Andy Jassy to Succeed in Top Role

News 18  

Jeff Bezos, the founder and erstwhile chief executive officer of Amazon, has announced that starting Q3 2021, he will be renouncing his role at the helm of Amazon. In his address to Amazon’s 1.3 million employees around the world, Bezos expressed confidence in Jassy’s ability to take over the reins of the company. Speaking about his continued role in the …

Amazon’s Bezos to step down as CEO; Andy Jassy to take over the role
3 years, 10 months ago

Amazon’s Bezos to step down as CEO; Andy Jassy to take over the role

The Hindu  

Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for the third quarter, will make current cloud computing chief Andy Jassy Amazon’s next chief executive officer. Net sales rose to …

Jeff Bezos is stepping down as Amazon CEO, to be replaced by Andy Jassy from AWS
3 years, 10 months ago

Jeff Bezos is stepping down as Amazon CEO, to be replaced by Andy Jassy from AWS

CNN  

New York CNN Business — Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the role of executive chair, the company said Tuesday. Amazon said it delivered more than a billion products to customers worldwide during a “record-breaking holiday season.” Revenue from Amazon Web Services grew 28% from the prior-year …

Jeff Bezos, Amazon’s founder, will step down as CEO
3 years, 10 months ago

Jeff Bezos, Amazon’s founder, will step down as CEO

LA Times  

Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as chief executive, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. On the same day Amazon announced Bezos would step down, the company reported making a record profit …

The pandemic has shown that Amazon is essential—but vulnerable
4 years, 6 months ago

The pandemic has shown that Amazon is essential—but vulnerable

The Economist  

I N THE SUMMER of 1995 Jeff Bezos was a skinny obsessive working in a basement alongside his wife, packing paperbacks into boxes. Today, 25 years on, he is perhaps the 21st century’s most important tycoon: a muscle-ripped divorcé who finances space missions and newspapers for fun, and who receives adulation from Warren Buffett and abuse from Donald Trump. Amazon, …

Discover Related