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              Jeff Bezos to step down as CEO of Amazon in third quarter

              admin by admin
              February 2, 2021
              in World
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              Jeff Bezos to step down as CEO of Amazon in third quarter
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              WASHINGTON: Amazon said Tuesday that JeffBezos is stepping down as CEO later this year, a role he’s had since he founded the company nearly 30 years ago.
              Amazon said he’ll be replaced in the fall by Andy Jassy, who runs Amazon’s cloud business. Bezos will then become the company’s executive chairman.
              Bezos founded Amazon as an online bookstore and turned it into a behemoth that sells just about everything. In the process, he became one of the world’s richest people.
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