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Amazon recently stated in a statement that CEO Jeff Bezos will step down in the third quarter of this year and will be handed over to Andy Jassy, head of the cloud computing department.
Andy Jassy, 53, has been considered a strong successor to Bezos for many years. Especially in recent years, under the terrible epidemic, the Amazon Web Services department created and managed by Jassy has generated a lot of cash and profit. and the handover is quite striking. The results have become Amazon’s mainstay of profits. Therefore, Bezos opted for delivery in this most glorious period. He stressed that Amazon’s long-term efforts are fermenting. Now is the most creative era in history and the best time for high-level transition.
Of course, Bezos does not retire on this basis. In the employee’s open letter, he stated that he will continue to play a role in promoting innovation and focus on what he is passionate about. As a result, they are no longer bothered by the daily routines of this huge empire, especially the country’s censorship that Amazon is currently in trouble, social platform antitrust disputes, a series of criticisms of labor rights, and even product safety issues. But now this is no longer what Bezos wants to pay attention to, he is more interested in discussing topics like space exploration and artificial intelligence.
The market pays attention to AWS
Although Bezos’ assets have been surpassed by Musk and he has become the second richest person in the world, there are still nearly $ 200 billion. After leaving office, you will have more room to invest in other matters, including expanding charity, but it may also gradually disappear from the general public’s view. Maybe it’s because he’s tired of going to Congress for hearings and dealing with political figures. . However, Amazon declined to reveal when Bezos deliberately resigned. Public opinion speculates that when he changed the management structure five years ago, he was actually deliberately fighting.
Andy Jassy, who joined Amazon as soon as it went public, is about to inherit these successes and challenges. Raised AWS from a small secondary business in a relatively short period of time to the current operational scale of $ 50 billion. Bezos expressed confidence in his succession. However, the market also has doubts that its outstanding performance could cause AWS to lose its mind.
However, most industry analysts believe that while the impact of the personnel changes is still difficult to confirm, this handover has been in the works for many years, at least not immediately breaking Amazon’s great goose that lays the golden eggs. . The current candidate to assume leadership of AWS is still unknown, and rumors suggest that Peter DeSantis, vice president of global infrastructure, and Matt Garman, vice president of sales and marketing, are the most likely.
(First Image Source: Blue Origin)
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