Founder and CEO of world’s famous technology organization – Amazon, Jeff Bezos has announced his decision to step down as the Executive Chairman of the organization not long from now. Bezos made this proclamation on Tuesday February 2. The Chief executive of Amazon Web Services Andy Jassy will become the next CEO.
Talking about his decision, he expressed:
“This journey began some 27 years ago,” he described. “Amazon was only an idea, and it had no name. The question I was asked most frequently at that time was, ‘What’s the internet?’ Blessedly, I haven’t had to explain that in a long while.”
In 1995, the 57 year-old established Amazon as an online book shop in his carport, and has slowly grown from that point to become the second richest individual in the world behind Elon Musk.
He further expressed in his composition:
“I get to work with the smartest, most talented, most ingenious teammates. When times have been good, you’ve been humble. When times have been tough, you’ve been strong and supportive, and we’ve made each other laugh. It is a joy to work on this team.”
“As much as I still tap dance into the office, I’m excited about this transition,” he continued. “Millions of customers depend on us for our services, and more than a million employees depend on us for their livelihoods. Being the CEO of Amazon is a deep responsibility, and it’s consuming. When you have a responsibility like that, it’s hard to put attention on anything else.”
“As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions,” Bezos wrote to staff. “I’ve never had more energy, and this isn’t about retiring. I’m super passionate about the impact I think these organizations can have.”