Meet Andy Jassy, who will take over as Amazon's new CEO after Jeff Bezos steps down

Amazon CEO Jeff Bezos has announced he will step down as the chief executive officer of Amazon, later this year. Bezos will transition to the role of executive chairman in the third quarter of 2021. Andy Jassy, CEO of Amazon Web Services would take over as CEO of Amazon. The announcement came as Amazon released its financial results for its fourth quarter that ended December 31, 2020. The company recorded USD 100bn in sales for last three months of 2020.

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