Jeff Bezos to step down as CEO of Amazon on July 5

jeff bezos 730x480.jpg
jeff bezos 730x480.jpg

Jeff Bezos surprised locals and strangers by announcing almost at the beginning of the year that would leave his position as CEO of Amazon after 27 years serving, choosing as his successor Andy Jassy, ​​linked to Amazon since 1997, taking an evolution to become at the CEO of one of the company’s most successful divisions, Amazon Web Services (AWS), which during the first quarter of this year represented 12% of the company’s total revenue for this period.

Bezos argued in the email that I send to employees that the transition will take place at any time in the third quarter, and motivating his departure as CEO arguing lack of time to devote to other projects.

More specifically:

In the role of CEO, I intend to focus my energies and attention on new products and early initiatives. […] . I’ve never had more energy and it’s not about retiring. I am passionate about the impact that I believe these organizations can have.

Now we just learned that Jeff Bezos has set the date of July 5 as his last day as CEO of Amazon, announcing it at the annual shareholders meeting held today Wednesday, according to Variety.

After that day, he will take over as CEO of Amazon.. With it, it will leave some of the latest major achievements, such as the purchase of MGM for $ 8.45 billion to increase the Prime Video content catalog, thus taking on the Netflix content machinery, but He will also leave office at a time when vigilance over the main technological platforms is accentuated due to the enormous power they have been acquiring, which in its case has open antitrust proceedings both in Europe and in the United States.

As they recall in Engadget, this same week, the attorney general of Washington, DC, Karl Racine, filed a lawsuit arguing that “illegally abusing and maintaining their monopoly power by controlling prices in the online retail market and violating DC law ».

In any case, Amazon will open after July 5 a new chapter already in the hands of Andy Jassy as the main responsible, which will have to deal with all the processes opened against the company, try to improve different aspects such as fraudulent reviews, and in general, try to evolve and modernize the company in an increasingly competitive and turbulent environment.