Amazon founder Jeff Bezos will step down as the company’s CEO in the third quarter of 2021 and will be replaced by Andy Jassy, head of the cloud computing unit (Amazon Web Services).
Jassy joined Amazon as Chief Marketing Officer in 1997, only three years after the founding of the brand, And since 2003 he has run AWS, the web division of the company that he created with a team of 57 people and which has been one of the most profitable but least known units of the technological colossus.
According to a newspaper report The Washington Post, Jassy Raised in Westchester County, New York, he is a graduate of Harvard University and is the co-owner of Seattle’s new National Hockey League franchise, the Kraken.
The perspective of Washington Post -daily that belongs to Bezos- is that Jassy’s rise “offers insight into Amazon – that the company still values high-risk, high-reward bets.”
Matt McIlwain, CEO of Madrona Venture Group, a Seattle venture capital firm that invests in cloud startups, explained to the Washington Post that “Andy embodies the culture of Amazon” and that “Has consistently demonstrated the ability to be a builder”.
For years, Jassy was seen as one of the possible successors to Bezos, who founded the company as an online bookstore from his Seattle garage more than 25 years ago and became one of the richest men in the world.
And the possibility of the 53-year-old Jassy becoming the successor seemed inevitable last year, when Jeff Wilke, who was the head of Amazon’s consumer business and also considered himself a possible replacement, announced that he would be leaving the company this year. year.
Now the transition comes at a time when Amazon seems unstoppable, fueled by record sales amid the pandemic and driving huge cash and profits from the cloud services business that Jassy helped create and manage. Nevertheless, Bezos won’t go very far; Like Bill Gates with Microsoft Corp., he will remain president of the company after stepping down as CEO.
Bezos will become CEO of Amazon, the company reported this Tuesday in a statement.
With information from Bloomberg