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Bezoss resigns from Amazon’s management / Article

Today, Amazon founder and co-CEO Jeff Bezos will resign.

A very symbolic date has been chosen for the resignation, as it was on July 5, 1994 that Amazon was founded, which is currently the third most valuable company in the world. Bezoss doesn’t leave the management of Amazon completely, focusing on other projects.

Bezoss resigns from Amazon Uģis Lībietis

It became known in February that Bezos, the world’s second richest man, was going to leave his position at Amazon. He is expected to be the CEO of Amazon in the future, devoting more time to new products and initiatives such as the Bezos Earth Fund and the spacecraft company Blue Origin, with which Bezos himself will go into space in a few weeks.

Andy Jesse, the head of cloud technology and network services and has been with the company for 24 years, will be the new head of Amazon. According to the commentators, the change of management is taking place at a very important time for Amazon, as the pressure to regulate the company’s dominant position in the market is growing all over the world.

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