Jeff Bezos to Step Down as Amazon CEO
Amazon CEO Jeff Bezos announce that he will leave his post later this year. Amazon will be led by Andy Jassy starting in Q3. Bezos will transition to executive chairman of Amazon’s board. The company had kept its succession plans quiet, though onlookers speculated that either Jassy or Jeff Wilke, CEO of Amazon’s worldwide consumer business, would be Bezos’ eventual successor. This move is significant as Jassy will be thrown in the middle of hefty anti-trust legal battles.
See "Jeff Bezos to Step Down as Amazon CEO", Todd Haselton, CNBC, February 3, 2021