Jeff Bezos to resign as Amazon CEO later this year

Jeff Bezos, the world’s second-richest person has decided to quit from the CEO post of Amazon. Amazon is an E-commerce and cloud services giant which was founded by Jeff Bezos 27 years ago. The 57-year-old will be replaced by Amazon Web Services CEO Andy Jassy in the July-September quarter.

Andy Jassy, joined Amazon in 1997 after Harvard Business School, founding AWS and growing it to a cloud platform used by millions of customers. He had been a clear contender for the top job since Amazon created two CEO roles years ago.


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