Bezos announces his resignation as CEO of Amazon and reveals the name of his successor at the head of the e-commerce giant
Bezos announces his resignation as CEO of Amazon and reveals the name of his successor at the head of the e-commerce giant.
 |
| Bezos announces his resignation as CEO of Amazon and reveals the name of his successor at the head of the e-commerce giant |
Jeff Bezos announced Tuesday that he will step down as Amazon's chief executive officer later this year as the e-commerce giant announced a massive profit and revenue spike over the holidays.
A company statement said Andy Gacy, who heads the Amazon Web Services unit that deals with cloud computing, will take over as CEO in his third term.
The decision to move to management came when Amazon announced it posted $ 7.2 billion in revenue for the season that includes the holiday season, plus a 44 percent increase in revenue to $ 125.6 billion.
And Bezos, who has become the richest man in the world thanks to his involvement with Amazon, has said that he will take over as CEO of the company in the third half with Gacy taking over as CEO.
In the statement, Bezos noted that Amazon has got "where it is now through innovation," adding: "Currently, I see Amazon at its highest level of innovation, making it the ideal time for this transition."
Gacy joined Amazon as chief marketing officer in 1997 and in 2003 founded the cloud computing unit for the giant's most profitable but lesser-known company.
Bezos said he intends to focus on philanthropic, space and media projects after he left office, adding in a letter to employees that he is still in his prime and that "this is not related to The retirement".
"As CEO, I will continue to be involved in major initiatives at Amazon, but I will also have the time and energy I need to focus on the Dai One Fund, the Bezos Earth Fund, Blue Origin, the Washington Post, and other things that I am passionate about. . "
A company statement said Andy Gacy, who heads the Amazon Web Services unit that deals with cloud computing, will take over as CEO in his third term.
The decision to move to management came when Amazon announced it posted $ 7.2 billion in revenue for the season that includes the holiday season, plus a 44 percent increase in revenue to $ 125.6 billion.
And Bezos, who has become the richest man in the world thanks to his involvement with Amazon, has said that he will take over as CEO of the company in the third half with Gacy taking over as CEO.
In the statement, Bezos noted that Amazon has got "where it is now through innovation," adding: "Currently, I see Amazon at its highest level of innovation, making it the ideal time for this transition."
Gacy joined Amazon as chief marketing officer in 1997 and in 2003 founded the cloud computing unit for the giant's most profitable but lesser-known company.
Bezos said he intends to focus on philanthropic, space and media projects after he left office, adding in a letter to employees that he is still in his prime and that "this is not related to The retirement".
"As CEO, I will continue to be involved in major initiatives at Amazon, but I will also have the time and energy I need to focus on the Dai One Fund, the Bezos Earth Fund, Blue Origin, the Washington Post, and other things that I am passionate about. . "
No comments