Jeff Bezos to resign as Amazon's chief executive

The coronavirus pandemic has been bad news for many businesses, but some, like Amazon, have truly thrived. The retail giant recorded an incredible $100bn in sales in the last three months of 2020. But while that’s amazing news for Amazon, it's not actually the biggest story of the day. Jeff Bezos, the billionaire who founded the company in 1994, is to step down as chief executive to focus on other interests. The move will occur in Q3 and see Bezos become Executive Chair of the Amazon Board. Andy Jassy will take over as CEO. Jeff Bezos sent the following email… [Continue Reading]