On Wednesday, Feb. 3, tech billionaire and now Amazon’s former CEO Jeff Bezos has revealed that he will now stepped out of his position.
Bezos will soon become as Amazon’s executive chairman, later this year. This is probably the biggest turn-over of positions in the tech industry for year 2021.
But, the million-worth question today, who will replace Bezos as the CEO of the US’ biggest e-commerce company, Amazon?
Who is Andrew ‘Andy’ Jassy?
Andrew Jassy, also known as Andy Jassy, is the longtime head of Amazon Web Services. He is a 52 year-old official from Amazon, that started working for the company in year 1997.
“I took my last final exam at HBS, the first Friday of May in 1997, and I started Amazon next Monday,” Jassy said in a Harvard Business School podcast in September. “No, I didn’t know what my job was going to be, or what my title was going to be.”
Jassy was responsible for the company’s cloud hosting product which creates the infrastructure used by millions of companies, schools, and governments to run websites and apps.
What Andrew Jassy did for Amazon
Since Jassy started working for Amazon in 90s, he became one of the most important and reliable workers in the company, especially since pandemic that online shopping became an essential tool for the company.
Around 30% of market share of cloud computing market is dominated by Amazon, specifically thanks to Jassy.
That is probably the reason why the 30-year leadership of Bezos as Amazon CEO ended with Jassy taking over.
“Jassy’s background in steering AWS shows just how top-of-mind those services are to Amazon’s business strategy,” said Tom Johnson, chief transformation officer at Mindshare Worldwide. “It will be interesting to see how that affects their strategy and balancing that priority with a growing ad business and the commerce behemoth.”
What happens now on Amazon?
Before Bezos released the announcement of the new name of Amazon CEO, he said in a letter on Tuesday that he had “full of confidence” with Jassy’s future leadership.
“Andy is well known inside the company and has been at Amazon almost as long as I have,” he said. “He will be an outstanding leader.”
Though Bezos already given up his position as the CEO, he also clarified that he will not fully leave his company, including other Amazon affiliate companies.
“But I will 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,” he wrote. “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.”
As of now, Jassy has not yet given any statements for his new position in the company. Amazon also has not yet said who will replace Jassy as the new AWS head.
Let’s wait for other announcements soon.
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