Jeff Bezos will step down as the CEO of Amazon in the third quarter of this year. He is the world’s second-richest man currently. Andy Jassy will replace Jeff Bezos as the new CEO. In a letter to his employees, Jeff Bezos wrote that he would transition to executive Chairman of the Amazon Board,
“I intend to focus my energies and attention on new products and early initiatives. Andy is well known inside the company and has been at Amazon almost as long as I have.”
Here are the things you need to know about Andy Jassy, the next CEO of Amazon replacing Jeff Bezos.
1. Studied At Harvard
Andy Jassy is the current CEO of Amazon Cloud Platform, Amazon Web Services. He studied MBA at Harvard Business School. He was a project manager at MBI before joining Amazon.
2. 24 Years At Amazon
Andy Jassy joined Amazon in 1997. He worked as the marketing manager in the period of joining. He is one of the long-time executives in Amazon. Andy Jassy is also known for founding Amazon Music and Amazon Web Services. In April 2016, Andy was promoted from Senior Vice President to CEO of Amazon Web Services (AWS).
3. Close To Jeff Bezos
Andy Jassy assisted Jeff Bezos as a technical assistant in the early 2000’s. Andy played an essential role in the company’s growth. He is close to Jeff Bezos and has accompanied him in the important meetings that changed the company’s future. Jeff Bezos talked about Andy Jassy in his letter and wrote, “He will be an outstanding leader, and he has my full confidence.”
4. Personal Life
The 53 old Jassy married Elana Rochelle Caplan. They have two children. In October 2020, it was reported that Andy Jassy had bought a $6.7 million 5,500-square-foot house in Santa Monica, California. He is a big fan of music and also managed a band in Boston before joining Amazon.
5. Leader In The Cloud Computing Industry
Amazon web service is one of the leading cloud computing companies. It provides on-demand cloud computing platforms. AWS dominated Google and Microsoft. The cloud storage platform accounted for 67% profit of the entire company’s operations last quarter. As per IANS, Andy Jassy, CEO of AWS, said,
“The Covid-19 pandemic has accelerated cloud adoption by several years and that the rate of growth at AWS continues to accelerate at a phenomenal rate.”
6. Reinvention Is The Key
Andy Jassy is the true believer in reinvention. He said at a company forum as per a report by Reuters in December,
“You want to be reinventing when you are healthy, you want to be reinventing all the time. You have got to be manancial and relentless and tenacious about getting to the truth…You have to know what’s working and what’s not working.”