But, as executive chair of Amazon, he promises to "stay engaged in important Amazon initiatives". In an email announcing the change, Bezos said being CEO of Amazon is a consuming, deep responsibility, in which it's difficult to put attention on anything else.
However, Bezos will still remain on the board, and he seems quite sure his new position will give him the freedom to be creative. But will it be as innovative? Some may argue Amazon could lose that "founder" spark. With Jassy stepping into Amazon's CEO role, one can assume the company will continue to grow. Netflix, Kellogg’s, Airbnb, and BP all run large chunks of their computing operations on AWS. As of a year ago, it held nearly half of the global market, according to the market research firm Gartner. Amazon now dominates the cloud infrastructure space. That, if nothing else, might be Jassys biggest challenge and-if he pulls it off-the key to his success.
Who will succeed andy jassy software#
Stream Amazon Empire: The Rise and Reign of Jeff Bezos in its entirety below and read and watch interview excerpts with Jassy.He reportedly aggressively pushed Amazon into new business avenues and helmed the launch of AWS, which upended the business software industry and made rivals such as IBM and Oracle scramble to pivot their offerings to cloud services. As Andy Jassy takes the helm of one of the most important companies. In the aftermath of George Floyd’s killing, Amazon announced a moratorium on the use of its facial recognition technology by police. Jassy also defended the sale of Amazon’s facial recognition technology to law enforcement, a thread explored in the documentary: “We believe that governments and the organizations that are charged with keeping our communities safe have to have access to the most sophisticated, modern technology that exists,” Jassy said at the time. The documentary featured an interview with Jassy, excerpts of which are available online, on key issues facing the now-nearly-1.7-trillion-dollar company - including calls to break it up: “Simply because the company’s been successful in a few different business segments doesn’t mean it’s somehow too big,” Jassy said. The documentary also revealed how the company is shaping consumers’ lives in ways that go far beyond commerce and examined questions about whether it was doing so in anticompetitive ways. In February 2020, FRONTLINE released a two-hour documentary investigating how Bezos turned Amazon from a tiny bookseller run out of a garage into a business empire that is without precedent in the history of American capitalism.īased on a year of reporting from a team led by James Jacoby and Anya Bourg, Amazon Empire: The Rise and Reign of Jeff Bezos raised tough questions about privacy, worker treatment and the cost of Amazon’s convenience. “I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions,” the message said.Īndy Jassy, currently the CEO of Amazon Web Services, will become CEO when Bezos steps aside in the third quarter of 2021, the announcement said. In a message to employees published by the company, Bezos said his new role would involve a focus on “new products and early initiatives.” The news was a bit of surprise to at least one Gartner analyst who expected AWS to promote from within its current ranks. “Right now I see Amazon at its most inventive ever, making it an optimal time for this transition,” Bezos said in a statement. Ruth The reins of AWS will rest in the familiar hands of Adam Selipsky, who will return to the web services provider as Andy Jassy becomes CEO of parent Amazon. Nearly three decades after he founded Amazon, Jeff Bezos will step down from his role as the commercial juggernaut’s chief executive and “transition to the role of Executive Chair,” the company announced on Feb. However, Amazon has become a very big, very successful company - and thats likely to continue under Mr Jassy.
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