Amazon mentioned Tuesday that Jeff Bezos is stepping down as CEO later this 12 months, a job he is had since he based the corporate practically 30 years in the past.
Amazon mentioned he’ll get replaced within the fall by Andy Jassy, who runs Amazon’s cloud enterprise. Bezos will then change into the corporate’s govt chairman.
Bezos based Amazon as an internet bookstore and turned it right into a behemoth that sells nearly every part. Within the course of, he turned one of many world’s richest folks.
Extra to come back.