Amazon founder Jeff Bezos steps down as CEO

Jeff Bezos announced he will be stepping down as Amazon CEO after 27 years. The richest man in the world will handover to Andy Jassy and become Executive chairman. He said he plans to focus on other projects and passions;

“As much as I still tap dance into the office, I’m excited about this transition,”

“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,” he wrote. “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.”

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