![]() With Jassy at the helm, Amazon, and AWS in particular, will likely see continued growth as it seemingly dominates every industry it touches. There was also a rumor that Jassy was considered to take over as Uber CEO after Travis Kalanick stepped down in 2017. Andy Jassy, who joined Amazon in 1997 when it had just over 600 employees, will now lead the e. ![]() Jassy served as a so-called “shadow” adviser to Bezos at one point, joining the chief executive in high-level meetings.Įx-Microsoft CEO Steve Ballmer previously approached Jassy about replacing him as chief executive of the company, according to a person familiar with the discussion. On July 5, exactly 27 years after starting what would become the world’s largest online retailer, Jeff Bezos stepped down as the CEO of Amazon, though he will continue to have major influence as the executive chair of Amazon’s board of directors. ![]() Its cloud platform, which in 2004 consisted only of Amazon Simple Storage Service, now features a broad array of solutions ranging from foundational infrastructure services to on-demand satellite ground stations and managed quantum computers.Ĭommenting on Jassy’s appointment as CEO of Amazon, Bezos told investors that “he has the highest of high standards and I guarantee that Andy will never let the universe make us typical.” Bezos added that “he has the energy needed to keep alive in us what has made us special.”Īccording to reports, the two have worked closely together. AWS generates nearly half of Amazon’s operating profit and boasts a $54 billion annual sales run rate. Under Jassy’s leadership, AWS has grown from a business that offered just a single service when it launched in 2004 to the industry’s largest cloud computing provider. In fact, he has led the Amazon Web Services division since its inception. He was instrumental in crafting the company’s cloud computing platform. Jassy started working at Amazon in 1997, only a couple years after the company was founded. Jassy had previously worked as CEO of Amazon Web Services, the company's cloud computing service that helps power sites like Netflix and Spotify. The company had kept its succession plans quiet, though onlookers speculated that either Jassy or Jeff Wilke, who retired from his post as head of Amazon’s worldwide consumer business last August, would be Bezos’s eventual successor. Please purchase a subscription to continue reading this article.
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