Jeff Bezos to Step Down as Amazon CEO on July 5th
Posted on 05/27/2021
Amazon.com, Inc. founder Jeff Bezos will officially step down from his role as chief executive on July 5, 2021. Bezos announced the news during the company’s annual shareholder meeting Wednesday. Andy Jassy, who currently runs Amazon Web Services, will take the CEO role.
The timing is “sentimental,” Bezos said.
July 5 is the date Amazon was incorporated in 1994.
“I’m very excited to move into the [executive] chair role, where I’ll focus my energies and attention on new products and early initiatives,” Bezos said Wednesday.
“He has the highest of high standards and I guarantee Andy will never let the universe make us typical,” Bezos said. “He has the energy needed to keep alive in us what has made us special.”
Tableau CEO Adam Selipsky is taking Jassy’s spot at running AWS at Amazon.