Amazon CEO Jeff Bezos will step down on July 5, turning the helm over to cloud-computing boss Andy Jassy.
“We chose that date because it’s sentimental for me, the day Amazon was incorporated in 1994, exactly 27 years ago,” Bezos said Wednesday at Amazon’s annual shareholder meeting, which was held virtually.
Amazon announced in February that Bezos would leave his post later this year. Bezos will transition to executive chairman of Amazon’s board and is expected to dedicate more time toward initiatives like the Bezos Earth Fund, his Blue Origin spaceship company, The Washington Post and the Amazon Day 1 Fund.
Read more at CNBC.
{Matzav.com}
he needs to do teshuvah and give back all the monies he “froze” from some of his “sellers” whom he didn’t like or approve of their selling.