Amazon appoints new CEO
Jeff Bezos, the founder of e-commerce giant Amazon, has stepped down from his position as chief executive officer after running the company for over 20 years.
Having launched the company in 1994, Bezos has grown it from an online bookshop into a trillion-dollar internet retail giant that sells a plethora of everyday products.
This week, Andy Jassy, who has led cloud computing provider Amazon Web Services for the last two decades, succeeded Bezos as chief executive officer of Amazon. While Bezos is departing from the top position at Amazon, he’ll remain a powerful figure at the company as its executive chair and biggest individual shareholder.