- Home
- Technology
- News
Jeff Bezos steps down as Amazon CEO
Jeff Bezos on Monday - exactly 27 years after he founded Amazon on July 5th, 1994 and has served as the CEO since founding the company, has officially stepped down from the role.

According to the details, Andy Jassy is now listed as the company’s that worth almost $1.8 trillion new CEO, while Bezos is listed as Executive Chair.
The July 5th handover date was previously announced in a shareholder meeting in May.
Bezos’ successor, Andy Jassy, joined the company shortly after graduating from Harvard Business School in 1997 and has led AWS since the team was founded in 2003. He was officially named the division’s CEO in 2016.
At the end of 2020, AWS controlled around a third of the total cloud computing market, which is about as much as its closest rivals Microsoft and Google, combined.
Jassy’s route is similar to that of current Microsoft CEO Satya Nadella, who previously ran the company’s Azure cloud business.
Last month, a bombshell article claimed to have seen Bezos' tax returns - and alleged Mr Bezos paid no tax in 2007 and 2011.
It was a stunning claim about the world's richest man.
Other negative stories about Amazon, its ruthlessness, its claims of monopolistic behaviour, haven't helped Bezos' reputation.
However, many people who work closely with him don't recognise the characterisation that he is uncaring or selfish.

What a pastor saw ICE do to protesters outside Chicago
- 14 hours ago

Oppo Find X9 Pro’s massive 7,500mAh battery arrives in Europe
- an hour ago

The BrickBoy upgrade kit costs more than twice as much as the Lego Game Boy
- an hour ago

Projecting the CFP top 12 after Week 9: Vandy's in the field!
- 19 minutes ago

Tech left teens fighting over scraps, and now it wants those too
- an hour ago

PM Shehbaz directs probe to identify those involved in sales tax fraud
- 12 hours ago

The GOP’s antisemitism crisis
- 14 hours ago

How Guitar Hero made everybody a rock star
- an hour ago

YouTube will restrict more content showing ‘graphic violence’ in video games
- an hour ago

Pakistan seeks peace with neighbors but will not tolerate terrorism from Afghanistan:FM Asim Munir
- 10 hours ago

ExxonMobil accuses California of violating its free speech
- an hour ago

Top TTP commander among four Kharji killed in Bajaur operation: ISPR
- 14 hours ago







