In case you missed it, Jeff Bezos announced that he will step down from the position of CEO at Amazon!
The marketplace’s founder revealed in a letter to employees on February 2nd that he would be transitioning from CEO to an executive chairman role in the third quarter of the year.
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Bezos pointed to the fact the role of being CEO of such a huge company was extremely demanding.
"Being the CEO of Amazon is a deep responsibility, and it's consuming," he wrote in the statement announcing his transition. "When you have a responsibility like that, it's hard to put attention on anything else." Understandable!
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The announcement had ripples through the entire tech industry. Of the "Big Five" tech companies--Apple, Amazon, Facebook, Alphabet, and Microsoft--only Facebook still has its original founder as CEO.
So, who will be the new CEO of Amazon? Andy Jassy, a long time second-hand man to Bezos, will replace him.
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