NEW YORK (AP) — Amazon said Tuesday that Jeff Bezos is stepping down as CEO later this year, a role he’s had since he founded the company nearly 30 years ago.
Bezos built the company from an online bookstore into a behemoth that sells just about everything.
Amazon said he’ll be replaced in the fall by Andy Jassy, who runs Amazon’s cloud business.
Bezos will then become the company’s executive chairman.
Protesters wave signs at an encampment on the campus green at Brown University in Providence April 24, 2024, calling for the Ivy League university to divest holdings in defense contractors and companies doing business in Israel in solidarity with Palestinians in Gaza. Photo by Steve Klamkin WPRO News
Three lanes of traffic flow in both directions to and from the Washington Bridge Monday, April 22, 2024 after westbound lanes were increased from two lanes to three (at left) over the weekend. Photo by Steve Klamkin WPRO News
Ethiopia's Sisay Lemma crosses the finish line to win the 2024 Boston Marathon April 15, 2024. Photo courtesy MassGov on X
Scott Avedisian (left) exited District Court in Warwick with his attorney John Harwood after pleading not guilty to a misdemeanor hit and run charge April 3, 2024. Photo by Steve Klamkin WPRO News
Cadets celebrate at the Coast Guard Academy during the 140th Commencement Exercises May 19, 2021. Photo: courtesy U.S. Coast Guard
Ceremonies at Fenway Park for the Red Sox 2024 home opener April 9, 2024. Photo courtesy: Massachusetts Governor's Office
A Rhode Island Environmental Police boat returns from the crash site on Worden's Pond of a small, submerged helicopter April 9, 2024. Photo by Steve Klamkin WPRO News
Scott Avedisian (at left) leaves District Court in Warwick accompanied by his attorney John Harwood April 3, 2024 after the RIPTA CEO entered a not guilty plea to leaving the scene of a March 27 accident. Photo by Steve Klamkin WPRO News
