Looking Back At Bezos’ Successful Journey

Jeff Bezos is stepping down as CEO of Amazon. Here is a look at his mind-blowing journey.

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Jeff Bezos, the founder of Amazon.com will be stepping down as CEO of the company and become executive chairman in the third quarter of this year. In an email to employees, Bezos said that in the executive chairman role, he intends to focus his energies and attention on new products and early initiatives. So, we wanted you to take a look at the important achievements in his life, key acquisitions and notable moments.

Amazon Now

• Founded 27 years ago, Amazon is now one of the most valuable companies in the world
• The retail giant announced three consecutive record profits.
• On Tuesday, the company reported quarterly sales above $100 billion for the first time.

The Successor

Andy Jassy, who is the head of Amazon Web Services will become the CEO after Bezos. He is known for understanding highly technical details. Under his leadership, Amazon’s cloud business has signed major customers, including Verizon, McDonald’s and Honeywell. The revenue of the division surged 37% in 2019 and 30% in 2020, which helped it to strengthen its position as the market leader.

The Road Ahead

Bezos is stepping down from his role when the company is at its peak. He said that he needs to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post and his other passions. Bezos himself has said, “I’ve never had more energy, and this isn’t about retiring” and we believe him. It would be more interesting to see how he develops his other companies and how they will shape up in the future

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