Amazon CEO Jeff Bezos is stepping down from the function this summer season and transitioning to be the corporate’s government chair.
Andy Jassy is about to grow to be the net retail big’s new CEO, and he’ll start the job someday between July and September, in line with a Tuesday information launch from Amazon.
“For those who do it proper, a couple of years after a stunning invention, the brand new factor has grow to be regular. Individuals yawn. That yawn is the best praise an inventor can obtain,” Bezos stated.
The information got here similtaneously a brand new earnings report the place Amazon noticed sturdy gross sales and web revenue progress throughout the closing three months of 2020.
Bezos is at the moment ranked the richest man on the earth with a web price of $113 billion.