Jeff Bezos is stepping down as CEO of Amazon


Jeff Bezos

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Jeff Bezos

Amazon founder Jeff Bezos is set to step down as the CEO of the e-commerce giant, which he founded in his garage nearly 30 years ago.

Upon stepping down, Bezos will become CEO of the company, a move he said would give him “time and energy” to focus on his other projects.

Bezos will succeed Andy Gacy, the richest man in the world, who currently leads the cloud computing business at Amazon.

Amazon said the change will happen in the second half of 2021.


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