![]() He has occasionally spoken out on social issues, tweeting about the need for police accountability after Breonna Taylor, a Black woman, was killed in her home by white policemen during a botched raid, and in favor of LGBTQ+ rights.Īmazon said it was not announcing an AWS replacement for Jassy yet. Jassy is known for understanding technical details, and has bestowed a rock-star aura to keynotes at AWS’s annual Las Vegas conference. I’m super passionate about the impact I think these organizations can have.” Jeff Bezos is still 'focused' on Amazon despite stepping down as CEO last year to spend more time on his philanthropic ventures and rocket company, Andy Jassy said. “I’ve never had more energy, and this isn’t about retiring. “But I will also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, the Washington Post, and my other passions,” he wrote. “He will be an outstanding leader.”īezos added that he would stay engaged in Amazon initiatives. “Andy is well known inside the company and has been at Amazon almost as long as I have,” he said. This is how his Amazon holdings compare to Jeff Bezos'. ![]() Andy Jassy, the incoming CEO of Amazon, speaks at a conference in 2017. ![]() Now hell lead Amazon after taking over for Jeff Bezos on Monday. Taking over for one of the world’s richest and most powerful executives is Andy Jassy, who has. Incoming Amazon CEO Andy Jassy's newest stock award tops 200 million. Andy Jassy steered Amazon Web Services to market dominance. “It will be interesting to see how that affects their strategy and balancing that priority with a growing ad business and the commerce behemoth.”īezos said in a letter to staff on Tuesday that he had “full confidence” in Jassy. Amazon rocked the business world on Tuesday and announced that Jeff Bezos was stepping down as CEO. On Tuesday, the company announced that he will take over from founder Jeff Bezos, the modern-day Andrew Carnegie, who is stepping aside. “Jassy’s background in steering AWS shows just how top-of-mind those services are to Amazon’s business strategy,” Johnson said. Soon, Jassy will take on his biggest role yet: Amazon CEO. His promotion underscored the importance of web services to Amazon’s future, said Tom Johnson, chief transformation officer at Mindshare Worldwide. It boasts a dominant 30% market share of the cloud computing market.Ĭompetitors are eyeing Amazon’s top spot, however, with Microsoft and Google announcing growth in their cloud computing businesses in the fourth quarter. From hindsight, the timing of the transition set Jessy up in a. The company now owns almost half the world’s public cloud infrastructure market. Jeff Bezos officially stepped down as the CEO of Amazon ( NASDAQ: AMZN) CEO in July 2021 and passed the baton to Andy Jessy. In the years since, AWS has grown into a cloud platform used by millions that dominates legacy players like Oracle and Microsoft.
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