Jeff Bezos to Step Down as Amazon CEO in Third Quarter to Become Executive Chair

Date: 2021-02-02 21:24:23

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Amazon said Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time, Bloomberg News reports.

“In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives,” Bezos said in a letter to employees.

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