Jeff Bezos will step down as Amazon CEO on July
What is the news?
Amazon managing director Andy Jassy will be taken over by Amazon, JeffBezo, which grew up in Amazon, from an internet library to an online commerce juggernaut, on 5 July. Bezos declared at an Amazon shareholder meeting, “We have chosen this date because it’s meaningful to me. He said that Amazon was formed exactly 27 years ago, in 1994.
Further informations
Bezos, 57, will become the executive chairman and focus on new products and activities with a personal fortune of $167 billion. He expects to concentrate on his other businesses like the Washington Post and his rocket ship firm Blue Origin.
