Amazon CEO gets new CEO in Andy Jassy after 24 years

Jeff Bezos, who founded Amazon exactly 24 years ago on July 5, 1994, has officially stepped down and former AWS executive Andy Jassy has taken over as the CEO of the commerce behemoth.

On Amazon investor relations’ website, Jassy is now listed as President and CEO of Amazon.com and also serves on the Board of Directors.

Jassy founded and led Amazon Web Services (AWS) from its inception and served as its CEO from April 2016 until July 2021.

In May, Bezos had announced that Jassy will take over as the CEO of the e-commerce giant on July 5.

The outgoing CEO said that he chose the date because July 5 is sentimental one for him. “It’s the date that Amazon was incorporated in 1994, exactly 27 years ago,” he had said.