Jeff Bezos Stepping Down as Amazon CEO

Jeff Bezos is stepping down as CEO for Amazon and becoming the company’s executive chairman. Amazon made the announcement Tuesday. Andy Jassy, currently the chief of Amazon’s cloud computing division, will become the new CEO. The transition will take place in the third quarter of this year.

Bezos founded in Amazon in 1994 originally as on online bookstore.

Categories: Business, US & World News

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