Congratulations pour in for Jeff Bezos and Andy Jassy from tech leaders

The recent announcement of Jeff Bezos, founder of Amazon, to step down from the position of CEO has led to many tech leaders and corporate honchos extending their best wishes to him. Bezos announced that Andy Jassy, the head of the cloud division Amazon Web Services known as AWS, will take over as the new Amazon CEO from July.

Google CEO Sundar Pichai, was quick to tweet his congratulatory message and wished the best for Bezos’s plans to pursue his 2 projects, the Day 1 Fund and Bezos Earth Fund. He also congratulated Andy Jassy for his new role as Amazon’s CEO.

Microsoft CEO Satya Nadella also congratulated Bezos and Jassy on Twitter and said, “A well-deserved recognition of what you have accomplished.”

Other influential tech leaders who joined in with their good wishes messages are Softbank COO and WeWork executive chairman Marcelo Claure, and Fable CEO Padmasree Warrior.

Marc Benioff, CEO of Salesforce, also took to Twitter to say Amazon “could not be in better hands.”

Marcelo Claure of WeWork welcomed Bezos to the “executive chairman club.” He also congratulated Jassy on his mover upstairs.

Bezos, 57, will now adopt the role of executive chairman of Amazon in the third quarter of 2021. In a note to his employees, Bezos wrote, “As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.”

Notably, Bezos is the biggest shareholder of Amazon and he would continue to wield influence over the e-commerce major as one of the major tech leaders.

Jeff Bezos Tech Leaders

“I’ve never had more energy, and this isn’t about retiring,” Jeff Bezos on stepping down as Amazon CEO. (Image: Amazon Newsroom)

Bezos, who founded Amazon in 1994, has slowly cut down his involvement in the day-to-day working at Amazon, but the pandemics forced him to take a more active role.

Jassy, who would be taking over as the CEO, has been with Amazon since 1997.” Andy is well known inside the company and has been at Amazon almost as long as I have. He will be an outstanding leader, and he has my full confidence,” said Bezos. AWS, Jassy’s baby, is highly profitable bringing in $10 billion revenue in the first quarter of 2020. Founded in 2002, Jassy was leading the AWS team since 2003, and was later named as the CEO of AWS in 2016. 

Tom Johnson, chief transformation officer at global marketing firm Mindshare said, “Jassy’s background in steering AWS shows just how top of mind those services are to Amazon’s business strategy. It’ll be interesting to see how that affects their strategy and balancing that priority with a growing ad business and the commerce behemoth,”

Avatar
Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

Recent Posts

Climate Pledges by Countries Way off Target Says UN Report

Climate Pledges by Countries Way off Target Says UN Report

According to a UN climate action report, climate action plans of countries are “nowhere close” to the expected levels needed to ...
17 hours ago
Moderna forecasts $18.4 billion revenue for 2021

Moderna forecasts $18.4 billion revenue for 2021

Moderna Inc., the Boston-based biotech startup, reported its fourth quarter and 2020 fiscal year results, where it announced that it hoped t...
2 days ago
Hyundai Motor recalls 81,000 EVs for battery defect, may prove to be the costliest recall

Hyundai Motor recalls 81,000 EVs for battery defect, may prove to be the costliest recall

Hyundai Motor says the vehicle recalls are expected to cost the company about 1 trillion won or an estimated $900 million. In South Korea, 2...
2 days ago
Accor reports $2.5 billion loss, hopeful of a recovery by next year

Accor reports $2.5 billion loss, hopeful of a recovery by next year

Accor, Europe’s largest hotel chain, reported a $2.5 billion net loss in 2020 due to the deterioration in the industry linked to the sprea...
3 days ago
Is the sun shining again on AMC stock?

Is the sun shining again on AMC stock?

As the old adage goes, good things come to those who wait. This might come true for movie theatre operator AMC Entertainment Holdings Inc. w...
3 days ago
HSBC turns to Asia for future growth

HSBC turns to Asia for future growth

The bank’s maximum pre-tax benefits (90%) come from its Asian business. Chairman Mark Tucker and chief executive Noel Quinn are strugg...
4 days ago