Amazon founder Jeff Bezos retires as CEO


by

Steve Jurvetson

Jeff Bezos, the founder of the global e-commerce site Amazon.com, has been revealed to retire from his CEO position. The successor is Andy Jassy, the head of the cloud service ' AWS' provided by Amazon.

Email from Jeff Bezos to employees
https://www.aboutamazon.com/news/company-news/email-from-jeff-bezos-to-employees



Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3
https://www.cnbc.com/2021/02/02/jeff-bezos-to-step-down-as-amazon-ceo-andy-jassy-to-take-over-in-q3.html

According to an email to Amazon employees released by Mr. Bezos on February 2, 2021, he will resign from the position of CEO of Amazon in the third quarter of 2021 (July to September) and will be appointed chairman of the board. is. Andy Jassy, who heads Amazon's cloud division, will replace the CEO. 'We will focus our energy and attention on new products and early initiatives,' Bezos said by taking office as Chairman of the Board.

'Invention is the root of our success. We've done crazy things together and made it a matter of course,' Bezos said in an email about the change of CEO. 'Invention as much as Amazon. I don't know of any other company with a proven track record. We believe that we are the most original. I think it's time to change CEOs. '


by

thierry ehrmann

Jasie, the new CEO of Amazon, joined the company in 1997. After that, he was the head of AWS, Amazon's cloud division. Mr. Bezos has been in charge of AWS since its inception, but in 2016 AWS also had a CEO position, and Mr. Jasie was appointed. Bezos described Jasie as 'a well-known person in the company who has been with Amazon for as long as I am. He will be an outstanding leader,' the Washington Post under Amazon said. obviously Jashi is that it is the successor of Bezos ' has reported .

AWS, headed by Jesse, launched in 2006, with a focus on providing cloud storage and computing power to smaller tech companies and developers. I did. However, over the years, the businesses offered by AWS customers have grown. Still, many companies do not set up their own servers and provide services while relying on AWS services, so the impact of AWS on the Internet is increasing day by day.

According to research firm Synergy Research , AWS will account for 33% of the global cloud infrastructure services market as of 2020, including competing services Microsoft's Azure (18%) and It is far behind the Google cloud (9%).



In addition, Amazon also announced the financial results for the fourth quarter (October to December) of 2020, and sales in the same period reached 125.6 billion dollars (about 13 trillion yen), up 44% from the same period of the previous year. In addition, net income increased 118% year-on-year to 7.2 billion dollars (about 760 billion yen). AWS, Amazon's cloud division, increased sales by 28% year-on-year to $ 12.7 billion (about 1.3 trillion yen), and operating income increased 37% year-on-year to $ 3.56 billion (about 1.3 trillion yen). It is 370 billion yen), which means that AWS accounts for 52% of Amazon's total operating income.

Throughout 2020, Amazon's sales were up 38% year-on-year to $ 386.1 billion and net income was up 83% year-on-year to ¥ 2.13 billion.

Amazon.com, Inc. --Amazon.com Announces Financial Results and CEO Transition
https://ir.aboutamazon.com/news-release/news-release-details/2021/Amazon.com-Announces-Fourth-Quarter-Results/



in Note, Posted by logu_ii