Jeff Bezos said, he will step down as Amazon CEO on July 5 – jeff bezos said that he will step down as the ceo of amazon on july 5

Jeff Bezos said, he will step down as Amazon CEO on July 5 – jeff bezos said that he will step down as the ceo of amazon on july 5

New York, May 27 (AP) Amazon founder Jeff Bezos said he will step down as CEO on July 5.

Bezos, who made Amazon the online shopping giant from the Internet bookstore, said Wednesday that Amazon executive Andy Jessie will take over as CEO on July 5.

“We chose this date because it has emotional significance for me,” Bezos said during an Amazon shareholders meeting on Wednesday. He told that Amazon was founded on this day in 1994, exactly 27 years ago.

The company said in February this year that Bezos would step down as CEO of the company, but no date was given for it then.

The company had said that he would take up the new role of executive chairman after stepping down as CEO.

Bezos has said he will have more time for other projects, including his space exploration company Blue Origin, the philanthropy work he runs, and the Washington Post.

At present, there are 1.3 million people working in Amazon and they provide services to crores of people and businesses all over the world.

AP Pandey

Pandey

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