Jeff Bezos Steps Down as Amazon Ceo
February 22, 2021
On February 2 2021, Jeff Bezos announced that he would be stepping down from his position as CEO of Amazon, after 27 years. Amazon was created on July 16, 1995, in Bellevue, Washington. The company had started out in Bezos’ garage, being an online bookstore. Over the course of the last 27 years, Amazon has gone from being a small book company to one of the biggest companies in the world. With its own streaming service, Amazon became popular, because of how convenient it was. Now people just need a phone to order almost anything off the website.
“When Amazon launched on July 16, 1995 as a website that only sold books, founder Jeff Bezos had a vision for the company’s explosive growth and ecommerce domination,” (INSIDER) Bezos was right, and now he is stepping down.
Jeff Bezos will officially be leaving his post on July 1st, 2021, and Andy Jassey is to be taking over. Andy Jassey is the chief executive of Amazon web services, and has been a part of the company since 1997. Jassey has big shoes to fill, following Bezos’, who is one of the most known CEOs in the world.
“Under Bezos’s stewardship, Amazon evolved from an upstart online bookseller into one of the world’s most popular Internet marketplaces able to quickly deliver a vast catalogue of products and services,” (The Washington Post). With Amazon being one of the biggest companies in the world, and a main provider for many people, Andy Jassey will be under a lot of pressure. Jeff Bezos will still be a part of the company though. He will be taking the position of executive chairman of Amazon’s board.