Home topics Image credit: Christian Wiediger Featured News Tech Featured Jeff Bezos will step down as Amazon CEO Guillermo Troncoso February 3, 2021 Amazon unveiled its latest earnings report today – and with it came the news that Amazon CEO Jeff Bezos would be stepping down. Yes, the big time CEO and founder of Amazon will no longer be in the top seat, planning to move to the role of Executive Chair later this year. Set to move into Chief Executive Officer position is Andy Jassy, an Amazon Web Services (AWS) chief executive who joined the company in 1997 and has been a driving force in Amazon’s giant position in the cloud business game. “I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO,” reads the letter Bezos sent to Amazon employees. “In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have. He will be an outstanding leader, and he has my full confidence.” Bezos pointed out that his move from CEO “isn’t about retiring” and will instead give him an opportunity focus on a number of other Amazon initiatives, such as Day 1 Fund, the Bezos Earth Fund, Blue Origin, and The Washington Post, as well as “my other passions.” “As much as I still tap dance into the office,