Today marks 27 years since Jeff Bezos founded Amazon, and the first day under the leadership of a new CEO, Andy Jassy.
„Amazon is announcing today that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time,“ Amazon stated. It is possible that Jassy could have been running things for the past couple of weeks. Whatever the case might be, as of this writing, there is no follow-up announcement on the matter. However, Amazon updated its Investor Relations page to indicate that Jassy is indeed the company’s President and CEO, and not Bezos, who is listed as the Executive Chair. This is a big deal, considering that Amazon’s monumental rise in the retail space came under the leadership of Bezos, who founded the company on this date 27 years ago (July 5, 1994).
