Jeff Bezos steps down as Amazon CEO
Amazon founder Jeff Bezos is stepping down as CEO of the company on Monday, handing his chief executive title to Andy Jassy. In February, Amazon announced that Bezos would transition from CEO to executive chair, saying he wanted to spend more time on his other ventures, including the Washington Post, space company Blue Origin, and philanthropy, reported CNN. Bezos will still have a heavy influence at the company as he’ll be its largest individual shareholder, a longtime mentor to the incoming CEO and he will still be the head of the board. As of last month, Bezos owned 51.2 million shares...
