Jeff Bezos surprised everyone by announcing almost at the beginning of the year that he would leave his position as CEO of Amazon after 27 years, choosing as his successor Andy Jassy. Jassy is linked to Amazon since 1997, leading evolution to become the CEO of one of the most successful divisions of the company, Amazon Web Services (AWS), which during the first quarter of this year has accounted for 12% of the company’s total revenue for this period.
Bezos argued in the email he sent to employees that the transition will occur in the third quarter and motivate his departure as CEO by arguing a lack of time to devote to other projects.
He said, “In the CEO position, I intend to focus my energies and attention on new products and early initiatives. I’ve never had more energy and it’s not about retiring. I am passionate about the impact I believe these organizations can have.”
Now we’ve just learned that Jeff Bezos has set July 5 as his last day as CEO of Amazon, announcing it at the annual shareholder meeting held this Wednesday.
After that day, he will take over as Amazon’s executive chairman. Consigo will leave some of the most important recent achievements, such as the purchase of MGM for 8,450 million dollars to increase the Prime Video content catalog, thus facing the Netflix content machine, but he will also leave the office at a time when the surveillance on major technology platforms is accentuated by the enormous power they have been acquiring, which in his case has open antitrust proceedings in both Europe and the United States.
As we recall, just this week, the attorney general of Washington, DC, Karl Racine, filed a lawsuit arguing that “illegally abusing and maintaining its monopoly power by controlling prices in the online retail market and violating DC law”.
In any case, after July 5, Amazon will open a new chapter in the hands of Andy Jassy as the main responsible, who will have to deal with all the open processes against the company, try to improve different aspects such as fraudulent reviews, and generally speaking, try to evolve and modernize the company in an increasingly competitive and turbulent environment.
