This Tuesday Amazon surprisingly announced that Andy Jassy , current CEO of AWS , will assume the position of Jeff Bezos as CEO of the company during the third quarter of this year .
Bezos will become executive president of Amazon’s board and indicated that he will continue to participate in different projects such as Bezos Earth Fund , his spacecraft company Blue Origin , The Washington Post and Amazon Day 1 Fund .
The company communicated that Jeff Bezos , will leave the position at the end of this year and will deliver the commanded the company’s chief cloud executive, Andy Jassy , who joined Amazon at 1997 and has led Amazon’s cloud web services team since its inception.
Amazon had kept his succession plans a secret, although experts speculated that J assy would be his successor .
In a letter addressed to the employees of Amazon Bezzos wrote “I’m excited to announce that this third quarter I will transition to executive chairman of the Amazon board and Andy Jassy will become CEO ”.
And he explained that“ In the position of CEO , I intend to center my energies and attention in new products and early initiatives . Andy is well known within the company and has been with Amazon almost as long as I have . He will be a outstanding leader and he has all my confidence ”.
In the statement The still CEO explains that “ Millions of clients depend on us for our services and more than a million employees depend on us for their livelihood . Being the CEO of Amazon is a huge responsibility and consumes . When you have a responsibility like that, it is difficult to pay attention to something else ”.
The news was released the same day that The earnings report was released in which Amazon released its first quarter of $ 100, 000 millions of dollars. While AWS , the current division of Jassy , reported revenue growth of 28% for the fourth quarter .
Andy Jassy is aware of his new great challenge and will take over the company founded by Bezzos in 1994 , which has become a mega retailer with global reach, with a value of more than $ 1.6 billion .
Among the great challenges of Jassy , in addition to continuing with the vertiginous growth of the company , are facing accusations by the antitrust subcommittee of the House of Representatives Judiciary , which concluded that Amazon, Apple, Facebook and Google enjoy monopoly power. In addition Amazon also faces antitrust complaints in the European Union .
Next the Bezzos document for his team:
Amazonian companions :
I am pleased to announce that this third quarter I will become CEO of the board of Amazon and Andy Jassy will become CEO . In the role of CEO , I intend to focus my energies and attention on new products and early initiatives. Andy is well known within the company and has been with Amazon for almost as long as I have. He will be an outstanding leader and he has all my confidence.
This journey began a few years ago. Amazon was just an idea and had no name. The most frequent question I was asked at the time was: “ What is the Internet? ” Fortunately, I haven’t had to explain that in a long time .
Currently, we employ 1.3 millions of talented and dedicated people , we serve hundreds of millions of clients and companies, and we are widely recognized as one of the most successful companies of the world .
How did that happen? Invention. Invention is the root of our success . We’ve done crazy things together and then made them normal. We pioneered customer reviews , 1 click, personalized recommendations, blazing fast Prime shipping, Just Walk Out purchases, Climate Pledge, Kindle, Alexa, marketplace, cloud computing infrastructure , Career Choice and much more. If you do it right , a few years after an amazing invention, the new has become normal. People yawn. And that yawn is the highest compliment an inventor can get.
I don’t know of another company with a track record of inventions as good as Amazon’s , and I think we are at our most inventive right now. I hope you’re as proud of our inventiveness as I am . I think you should be .
As Amazon got bigger , we decided to use our scale and scope to address important societal issues. Two examples of high impact: our minimum wage of $ 15 and the Climate Commitment . In both cases, we define leadership positions and then ask others to join us. In both cases, it is working. Other large companies approach us . I hope you’re proud of that too.
I find my work meaningful and funny. I can work with the smartest, most talented and resourceful teammates. When times have been good, you have been humble. When times have been difficult , they have been strong and supportive, and we have made each other laugh. It’s a pleasure working on this team.
As much as I keep tapping at the office, I’m excited about this transition . Millions of clients depend on us for our services and more than one million employees depend on us for their livelihoods . Being the CEO of Amazon is a huge responsibility and consumes. When you have a responsibility like that, it’s hard to pay attention to anything else. As CEO, I will continue to participate in important Amazon initiatives, but I will also have the time and energy I need to focus on the Day 1 Fund, Bezos Earth Fund, Blue Origin, The Washington Post and my other passions. I have never had more energy and it is not about retiring. I am passionate about the impact I think these organizations can have .
Amazon couldn’t be better positioned for the future . We are shooting at all cylinders, just as the world needs us. We have things on the way that will continue to amaze . We serve people and businesses, and have pioneered two entire industries and a whole new class of devices. We are leaders in areas as varied as machine learning and logistics, and if the idea of an Amazon requires another new institutional skill, we are flexible and patient enough to learn it.
Keep inventing and don’t despair when at first the idea seems crazy. Remember to wander. Let curiosity be your compass. It’s still day 1 .
Jeff
With Media information
Also you It may interest you:
Do you want to work at Amazon? Jeff Bezos awaits you with these 3 questions
American woman retires, goes to Mexico and today lives in luxury in front of the beach with only $ 1, 000 dollars per month
