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

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Wed, 2021-02-03 00:30

NEW YORK: Jeff Bezos, who founded Amazon and turned into an online shopping behemoth, is stepping down as the company’s CEO, a role he’s had for nearly 30 years.

He’ll be replaced in the fall by Andy Jassy, who runs Amazon’s cloud-computing business. Bezos, 57, will then become the company’s executive chair.

 Amazon said Tuesday that Jeff Bezos is stepping down as CEO later this year, to be replaced by Andy Jassy. (AFP/File Photo)
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