Bezos Quits, will Jassy Fit ?

Surprise, surprise...

source : Kelly Caminero


Amazon founder and chief executive Jeff Bezos said Tuesday he would be stepping down as CEO of the legendary ecommerce company to become its executive chair. The news, announced in a note to employees, arrived alongside Amazon’s earnings for the fourth quarter of 2020, during which the company generated over $125 billion in sales, propelled by holiday shopping and pandemic buying.

Who will replace the boss ?

Who, you might ask at this moment, is Andy Jassy? He’s a talented entrepreneur, for sure, having built Amazon Web Services from a skunkworks inside a larger company starting in 2006 to one of the most valuable entities in the world. He’s been controversial, too, leading the development of AWS’ Rekognition facial recognition software and vociferously defending it when law enforcement has been accused of misusing it. Mr. Jassy has been diplomatic, making sure that AWS has largely avoided the crises that have ensnared other digital entities nested inside Amazon [...]

source
[OC] Over time, AWS became Amazon’s main profit driver. Perhaps more notably, it got a lot brainier too, as Amazon figured out that infusing its cloud service with machine learning tools might give it a leg up on rivals Microsoft, Google, and IBM. In 2016, AWS released new machine learning services that allowed AWS customers, “which span from giants like Pinterest and Netflix to tiny startups, to build their own mini Alexas,” Steven Levy wrote in WIRED. It also launched a new cloud-based computer-vision service called Rekognition. View More

The reasons behind this unexpected departure

And now, Mr. Bezos is headed for the exit

A rightful successor

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