Jeff Bezos said that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago.
According to a foreign news agency, Jeff Bezos has announced that he will step down by the end of this year and will be replaced by Andy Jessy as the CEO of Amazon. Who is currently overseeing the cloud business.
Amazon co founder Jeff Bezos has been the company's chief executive officer (CEO) since its inception.
Jeff Bezos decided to resign as CEO in order to focus on some of the company's most important projects related to media and space programs.
Amazon founder Jeff Bezos is considered the second richest person in the world.
While many businesses were shut down during the Corona epidemic Amazon shares rose. Because of the Corona virus people are turning to online shopping.
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