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Jeff Bezos Is Stepping Down As CEO Of Amazon

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Jeff Bezos is reportedly stepping down as Amazon CEO in an announcement released by Amazon through Business Wire today. Andy Jassy, who is the CEO of Amazon’s cloud computing company Amazon Web Services, is reported to take over.

Andy Jassy joined amazon as a marketing manager in 2003 and took over the helm as CEO in 2016. He has led AWS to become the most profitable product in the cloud computing space.