When we look back at the history of the Internet and what it helped achieve, Jeff Bezos and Amazon.com will be one of the biggest success stories for sure. Last Tuesday, Amazon.com Inc founder Jeff Bezos declared he will be stepping down as CEO and become executive chairman, naming the head of its lucrative cloud computing division Andy Jassy as his successor.
Google CEO Sundar Pichai on Wednesday congratulated Jeff Bezos and his successor Andy Jassy on their new roles after the Amazon founder confirmed his decision to stand aside later this year as chief executive of the company. Mr Bezos said he will transition to the role of executive chair in the third quarter, handing over the CEO role to Andy Jassy, who heads Amazon Web Services.
Mr Bezos, in a letter to Amazon employees, said he would "stay engaged in important Amazon initiatives" but would pivot towards philanthropic initiatives, including his Day One Fund and Bezos Earth Fund, and other business ventures in space exploration and journalism.
Top executives and prominent figures at other major companies around the world have been sending their congratulations to Bezos and Jassy via Twitter. Microsoft CEO Satya Nadella, noting Mr Jassy's accomplishments, said, "a well-deserved recognition of what you have accomplished".
Marc Benioff, CEO of Salesforce, also took to Twitter to say Amazon "could not be in better hands." Mr Bezos, 57, founded Amazon in his garage in 1994 and went on to grow it into a colossus that dominates online retail, with operations in streaming music and television, groceries, cloud computing, robotics, artificial intelligence and more.
Mr Jassy joined Amazon as a marketing manager in 1997 and in 2003 founded AWS, the cloud services division of the company which has been one of the most profitable but least-known units of the tech giant.
Jeff Bezos isn't retiring, he's still going to be there as executive chairman of Amazon's board. Like Bill Gates did after relinquishing his throne at Microsoft all those years ago, Jeff Bezos still has a lot to give back to the world and make a big difference in the future of technology.