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.
Though not as public a figure as Bezos, Jassy is an accomplished executive in his own right — having grown Amazon’s cloud segment, Amazon Web Services, from its inception into a $45 billion business and the company’s biggest moneymaker. Now, he will take over leading the broader company as it builds on a year of massive growth caused by the pandemic.
-CNN BUSINESS