Bezos’s move to executive chairman will be a «very active» role, said CFO Brian Olsavsky. Amazon will discuss leadership of AWS to replace Andy Jassy at a future date, he said.
During a conference call this evening to discuss Q4 results, Amazon chief financial officer Brian Olsavsky said founder and CEO Jeff Bezos will focus on strategic issues such as mergers and acquisitions in his new role at the company when he transitions to being executive chairman this fall, handing the reins to cloud computing leader Andy Jassy. Amazon announced this evening, in conjunction with its Q4 report, that Bezos will cede the CEO role to Jassy in Q3 of this year. «He will be involved in many large, one-way-door issues, as we say, one-way doors, meaning the more important strategies, and acquisitions, and going into grocery, and other things,» said Olsavsky during the Q&A section of the call with Wall Street analysts.
