Andy Jassy will soon take over from Amazon CEO Jeff Bezos, the company announced in a shock briefing today. Mr Bezos has helmed the company since founding it in 1994, and will now step back from new leadership. Instead, he will move to Amazon;’s board as executive chair.

Who is Andy Jassy?

Andy Jassy will take over from Mr Bezos in the third quarter of 2021.

While Mr Bezos has stayed on since he created the company in 1994, Mr Jassy joined not long after.

He has led Amazon’s Web Services cloud team since its creation in 1997.

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