Bezos decided to leave the post of head of Amazon on the company’s birthday :: Business :: RBC

This will happen on July 5th. On this day in 1994, Amazon was officially established. Bezos will become chairman of the board of directors and will focus on new products. His place will be taken by the head of Amazon Web Services Andy Yassi

Jeff Bezos

(Фото: Pablo Martinez Monsivais / AP)

Jeff Bezos, CEO and founder of the world’s largest online retailer, Amazon, will retire on July 5, 2021. He stated this during the annual meeting of shareholders of the company, reports CNBC.

“We chose this date because for me it is significant – this is the day of the establishment of Amazon in 1994, exactly 27 years ago,” explained Bezos.

The intention of the richest man in the world to leave his post became known in February this year. The current head of Amazon Web Services, Andy Yassi, will take over as CEO.

Bezos steps down as Amazon CEO

Jeff Bezos

After his resignation, Bezos will become chairman of the board of directors of the company and is going to focus on new products. “Andy is well known within the company and has been with Amazon for almost as long as I do. He will be an outstanding leader, and I have full confidence in him, ”the businessman said in February.