Amazon CEO Jeff Bezos is planning to transition out of his role.
James Martin/CNET
Amazon CEO Jeff Bezos will step down later this year, turning over the reins of the world’s largest e-commerce company to Andy Jassy, a longtime lieutenant who runs Amazon Web Services. Amazon nested the news in its announcement of fourth-quarter earnings, which beat expectations.
The transition comes as Amazon navigates a tricky period in its history. The company is reaping huge profits as consumers, locked at home because of the COVID-19…
Source CNET Tech
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