Amazon will change CEO. Jeff Bezos is stepping down as CEO

Amazon CEO Jeff Bezos resigns from the position of CEO and in the third quarter (Q3) moves to the new position. It will be the executive chairman of Amazon’s board of directors. In the position of CEO of Bezos will replace Andy Jassy, who is the CEO of Amazon Web Services (an Amazon subsidiary that provides cloud computing and APIs). What made the second richest man in the world leave the position he held for an incredible 26 years, literally since the company was founded?

“Being the CEO of Amazon is a big responsibility and it’s challenging. When you have such a responsibility, it’s hard to pay attention to something else. ” So Bezos commented on the announcement of the change. Bezos is wanted as chairman to continue to make important decisions and changes in Amazon. The main difference between his former and future position should be enough time and energy. The world tycoon wants to focus on his other projects (Fond Bezos Earth, Blue Origin) and his other passions.

Jeff Bezos is stepping down as CEO after a huge one Amazon price increase. E-commerce stocks have risen sharply over the past year. We will see for ourselves what the future holds for Amazon under the leadershipAndyho Jassy and what advantages / disadvantages or, for example, an extension for applications a change CEO will bring.

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