Amazon CEO Jeff Bezos will officially step down on July 5!

In 1995 , an online bookstore called Cadabra was established . It was later renamed Amazon and reopened in July 1995. At that time, Jeff Bezos still had sparse hair.

No one realized at the time that this online bookstore would become the most successful e-commerce website in the world, an e-commerce giant with net sales exceeding the $100 billion mark in a quarter ( the first quarter of 2021) reaching $108.52 billion and a net profit of $8.1 billion!

Bezos will officially leave office on July 5

Bezos first announced in early February that he would step down as CEO later this year . Now, the exact date for Bezos' departure from the CEO position at Amazon, after nearly 30 years in the job, has been revealed: July 5.

"We chose this date because it has an emotional connection to me. It was the day that Amazon was founded in 1994, and this is the 27th anniversary," Bezos said at Amazon's annual shareholder meeting on Wednesday.

" I'm excited to step into the role of executive chairman, where I will focus my energy and attention on new products and the company's long-term plans, " Bezos said .

New CEO——Andy Jassy

Following Bezos' departure, the company's current Amazon Web Services ( AWS) CEO Andy Jassy will take over the position , and Bezos will become Amazon's executive chairman.

As Bezos' successor, Jassy and Bezos seem to have similar management styles. As an old employee who has worked at Amazon for nearly a quarter of a century , Jassy can be said to know Amazon 's culture, values ​​and goals very well .

And as AWS is becoming Amazon's new growth driver, Jassy's promotion as the founder and head of AWS will undoubtedly further increase Amazon's investment and attention in the field of cloud computing. It can be expected that Amazon's position in the field of cloud computing will be further consolidated.

For sellers, Jassy's promotion will have a far-reaching impact. As Bezos' successor, Jassy will become the new god of wealth in the hearts of sellers. Every time there is a big sale, many sellers will perform the "worship brother-in-law to welcome the god of wealth" ritual, but from this year onwards, it may be changed to "worship Jassy to welcome the god of wealth."

In addition, after Jassy takes office, some new changes and developments may occur in Amazon, but whether it is good or bad for sellers is still unknown.

However, facing the current trend of e-commerce, even if Bezos is no longer at the helm, Amazon still has a lot of room for growth, and its position as the global e-commerce leader remains as solid as ever!

Amazon

Bezos

CEO