BREAKING: Jeff Bezos Stepping Down as Amazon CEO

Amazon Prime Video's Golden Globe Awards After Party - Red Carpet

BREAKING: Jeff Bezos Stepping Down as Amazon CEO

Andy Jassy, currently the CEO of Amazon’s cloud computing wing, will replace Bezos as CEO

Fox Business reports:

Amazon founder Jeff Bezos is stepping down as CEO of the e-commerce giant, the company said in a surprise announcement on Tuesday.

Amazon Prime Video's Golden Globe Awards After Party - Red Carpet
IMAGE VIA fortune.com

Bezos will transition to a role as Amazon’s executive chairman of the board during the company’s third fiscal quarter. The company did not provide an exact date for the change.


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Andy Jassy, currently the CEO of Amazon’s cloud computing wing, will replace Bezos as CEO. Bezos touted Amazon’s innovations in a statement detailing the reason for his exit.

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