The Real Reason Why Jeff Bezos was REPLACED by Andy Jassy after Serving for 27 Years

Today here we come with very big breaking news for you. The center of today’s news is the world’s 2nd richest person Jeff Bezos. The news is Jeff Bezos will step down as CEO of Amazon, after 27 years. It is very important to know that, he is in the board committee of the company and worked as CEO since the starting day of Amazon. But now comes the most important question, why he left this post and who are going to full fill this post.

The answer of the second question is Andy Jassy. He will gonna be the next CEO of the company. So, for this many many congratulations to him.

But you may have a question who is Andy Jessy? We answer this question in the next paragraph.

Who is Andy Jessy?

Besides all identity, his main identity is, now he is a CEO of Amazon. But it’s not like that, he suddenly give this post. Since 1997, Andy belongs to this multi-trillion company. And the most important thing his role is quite major in Amazon. After that, in 2006 Amazon expand their business and come up with Amazon Web Services. And Andy selected was the CEO of it in 2016. He is also one of the minority owners of the Seattle Kraken of the National Hockey League.

Why this decision has been taken by authorities?

In an interview he says, “As Exec Chair 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”.

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He wrote in a blog that, preferring to his charitable efforts, his space exploration company, and the newspaper he owns. “I’ve never had more energy, and this isn’t about retiring. I’m super passionate about the impact I think these organizations can have”.

So, that’s the reason behind his resignation from the CEO post.

Now, this is now interesting to see how Andy operates the company as a CEO and what changes he can do as a CEO.

That’s all for today. Stay tuned with Stanford Arts Review for getting latest updates.

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