has announced the company's CEO transition after 27 years. Amazon Founder Jeff Bezos, who started the company in 1994, is stepping down as the CEO. The chief executive of Amazon Web Services, Andy Jassy, will take over as CEO of Amazon. [caption id="attachment_263800" align="aligncenter" width="720"] Photo credits: GeekWire[/caption] Bezos has shared his open letter to Amazon employees about the upcoming transition. According to Bezos, Jassy is well-known inside Amazon and has been in the company for almost as long as he has. Moreover, as Bezos transitions to Executive Chair of the Amazon Board, he will be focusing on the company's "new products and early initiatives." “Amazon is what it is because of invention. Right now, I see Amazon at its most inventive ever, making it an optimal time for this transition.” He added. Amazon's net income has increased to USD 21.3 billion compared to USD 11.6 billion in 2019. Read more in our articles including "Jeff Bezos to step down as Amazon CEO" and "Amazon Fire Phone announced!".
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Apr 29, 2026has announced the company's CEO transition after 27 years. Amazon Founder Jeff Bezos, who started the company in 1994, is stepping down as the CEO.
The chief executive of Amazon Web Services, Andy Jassy, will take over as CEO of Amazon. [caption id="attachment_263800" align="aligncenter" width="720"] Photo credits: GeekWire[/caption] Bezos has shared his open letter to Amazon employees about the upcoming transition. According to Bezos, Jassy is well-known inside Amazon and has been in the company for almost as long as he has.
Our coverage of Amazon CEO includes: "Jeff Bezos to step down as Amazon CEO"; "Amazon Fire Phone announced!"; "BIR opens Tax Payer Portal". Each article provides unique insights and information.