02 May 2022 Current Affairs:

On July 5th, Andy Jassy will take over as CEO of Amazon, the business revealed at a shareholder meeting. 

Highlights:

  • In February, Amazon announced that Jassy, the current CEO of Amazon Web Services (AWS), would succeed Jeff Bezos as the company’s CEO. 

  • Bezos will take over as executive chair of Amazon’s board of directors. Jassy joined the company in the late 1990s and was entrusted with researching what would eventually become Amazon Web Services (AWS) in 2003.

  • Amazon Incorporation was founded on 5 July 1994 and is now headquartered in Seattle, Washington, United States.

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