World’s 2nd richest person Jeff Bezos to resign as Amazon CEO after 27 years

World’s 2nd richest person Jeff Bezos to resign as Amazon CEO after 27 years

The world’s second-richest person Jeff Bezos has announced that he will step down as CEO of Amazon, the e-commerce and cloud services giant he founded 27 years ago. The 57-year-old will be replaced by Amazon Web Services CEO Andy Jassy in the July-September quarter. Bezos will become the Executive Chairman, where he will focus on “new products and early initiatives”.

News source : Reuters

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