In 2021’s biggest tech-industry news so far, Amazon founder Jeff Bezos has announced that he’s stepping back from day-to-day management of the company. He will retain the executive chairman title but is handing CEO duties over to Andy Jassy, the CEO of Amazon Web Services, starting in Q3. Even after you’ve read Bezos’s letter to Amazon employees, you may have questions about the move. Along with “Why?” and “Why now?” one of them is probably, “Who is Andy Jassy?”
Here are six fast facts about the man stepping into one of the most high-profile jobs in business.
1. He was the heir apparent
Though Jeff Bezos’s decision to step down as CEO is a stunner, the fact that Jassy is his replacement is not. After Jeff Wilke, the CEO of Amazon’s consumer business, announced that he’d be leaving the company in the first quarter of this year, Jassy had a clear path to the top in the event that Bezos chose to give up his job. It would have been a far bigger surprise if Amazon…