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Multi-Billionaire Jeff Bezos Steps Down as CEO of Amazon

The following article, Multi-Billionaire Jeff Bezos Steps Down as CEO of Amazon, was first published on Flag And Cross.

He started amazon.com in his garage a few decades back. He specialized in just selling books, at first. Eventually, Amazon became an online behemoth that bought out Whole Foods and The Washington Post.

Now, liberal Jeff Bezos, the second richest man in the world (behind Elon Musk), is stepping down as the company’s CEO.

From Fox News:

Amazon founder Jeff Bezos is stepping down as CEO of the e-commerce giant, the company said in a surprise announcement on Tuesday.

Bezos will transition to a role as Amazon’s executive chairman of the board during the company’s third fiscal quarter. The company did not provide an exact date for the change.

Andy Jassy, currently the CEO of Amazon’s highly profitable cloud computing wing, will replace Bezos as CEO. He started in Amazon’s marketing department in 1997.

WATCH:

Amazon’s response:

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