Andy Jassy officially becomes Amazon’s new CEO

Andy Jassy on Monday officially took over from Jeff Bezos as CEO of e-commerce giant Amazon.

Amazon and Bezos announced the change in leadership back in February. July 5 is the 27th anniversary of the US-based giant.

Bezos previously said that he wanted more time to focus on his personal ventures such as climate change organization Bezos Earth Fund and aerospace company Blue Origin.

Bezos is also the richest person in the world, boasting a fortune of almost $202 billion, according to business magazine Forbes.

According to Amazon’s website, Jassy, who joined the firm in 1997, founded and led Amazon Web Services from its inception and served as its CEO from April 2016 until July 2021.

Jassy has a master’s in business administration from Harvard Business School.

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