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Chronicles

The story behind the story

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In letter to employees, Bezos says his transition is not a retirement and he'll use his time to focus on the Day 1 Fund, Bezos Earth Fund, Blue Origin, and WaPo

Fellow Amazonians:  —  I'm excited to announce that this Q3 I'll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO.

About Amazon Jeff Bezos

Discussion

  • Vox Jason Del Rey on x
    Amazon's facial recognition boss wants the feds to hurry up with regulation
  • @missgallo Lauren Gallo on x
    Inspiring is an understatement. Email from Jeff Bezos to employees https://www.aboutamazon.com/ ...
  • @voxdotcom @voxdotcom on x
    Jeff Bezos isn't getting less powerful. His power is just getting less obvious. The second act for Bezos — who today said he would step down as CEO of Amazon — could be as big as his first. https://www.vox.com/...
  • @firstadopter Tae Kim on x
    “Keep inventing, and don't despair when at first the idea looks crazy. Remember to wander. Let curiosity be your compass. It remains Day 1.” - Jeff Bezos https://www.aboutamazon.com/ ...
  • @robertcaruso Robert Caruso on x
    Brian has the announcement and the letter to Amazonians below. To me most notable part is the stated intention to focus more on WaPo... https://twitter.com/...
  • @apollozac Zac Hall on x
    Jeff going to space https://twitter.com/...
  • @iradhikagupta Radhika Gupta on x
    Keep inventing, and don't despair when at first the idea looks crazy. Remember to wander. Let curiosity be your compass. It remains Day 1. A great lesson: let it remain Day 1 https://www.aboutamazon.com/ ...
  • Vox Peter Kafka on x
    Big Tech is so big it doesn't need its founders anymore
  • @sundarpichai Sundar Pichai on x
    Congrats @JeffBezos , best wishes for Day 1 and Earth fund. Congrats @ajassy on your new role!
  • @film_girl @film_girl on x
    It's hard to think of another CEO who has founded and grown a company the way Jeff Bezos has over the last 26 years. It's almost unprecedented levels of success under one CEO.
  • @satyanadella Satya Nadella on x
    Congratulations to @JeffBezos and @ajassy on your new roles. A well-deserved recognition of what you have accomplished.
  • @athertonkd Kelsey D. Atherton on x
    Amazon announcing a change in leadership to bury news that 1) it's trying to prevent the formation of a union in its warehouses, and 2) the FTC found the company guilty of stealing from drivers it hired
  • @reductress @reductress on x
    Jeff Bezos to Become First Amazon Worker To Get A Break: https://ow.ly/... https://twitter.com/...
  • @ceciliakang @ceciliakang on x
    one more founder CEO still in charge at the Tech Big 5
  • @werner Werner Vogels on x
    After many years at @amazon I can tell you that @ajassy is the absolute best person lead the company. More customer obsessed than any other leader I have met. #stilldayone https://www.aboutamazon.com/ ...
  • @btaylor Bret Taylor on x
    Congrats @ajassy and @amazon! I have long been an admirer of Andy Jassy. Amazon will be in great hands.
  • @danprimack Dan Primack on x
    Jeff Bezos will no longer be Amazon's CEO. But he'll become executive chair, which means the new CEO will have a boss Bezos never had. So, for all intents and purposes, Bezos is still in charge.
  • @kantrowitz Alex Kantrowitz on x
    If you've been paying attention to Bezos over the past few years, he's repeatedly said getting to space with Blue Origin is the most important thing he's working on. Now he'll get a chance to spend more time on that.
  • @yoda Drew Olanoff on x
    what a story @ajassy is. joined amazon as a marketing manager in 1997, now its CEO in 2021.
  • @gaberivera Gabe Rivera on x
    Given @ajassy follows @Techmeme (unlike @JeffBezos somehow), I fully support this move. https://twitter.com/...
  • @backlon Dieter Bohn on x
    Now-CEO of Amazon @ajassy gave a keynote last December and starting at around 7 minutes he pivots into a sort of general theory on how to run a company and be a leader. Seems more relevant now than it was then! https://www.youtube.com/...
  • @reckless Nilay Patel on x
    Bezos stepping aside as Amazon CEO, becoming exec chair of board, will stay engaged in Amazon but “also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.” https://www.theverge.com/...
  • @jaypeters @jaypeters on x
    Jeff Bezos is stepping down as CEO to become executive chair. New CEO will be Andy Jassy, who currently leads the money-printing machine that is AWS. https://www.theverge.com/...
  • @golovashkina Anastasia Golovashkina on x
    Elizabeth Warren is scary. I'd resign, too. https://twitter.com/...
  • @greengart Avi Greengart on x
    I don't usually tweet about personnel changes, but Andy Jassy taking over as @amazon CEO from @JeffBezos is huge. (Bezos moving to Executive Chair; stepping back, not stepping away). https://www.businesswire.com/ ...
  • @carnage4life Dare Obasanjo on x
    Bezos stepping down as CEO of Amazon is huge. We're halfway through seeing 1st generation of FAAMNG CEOs transition; Gates, Larry, Sergey, Jobs and now Bezos. Wondering who'll be next between Reed Hastings & Mark Zuckerberg? https://www.businesswire.com/ ...
  • @melissaryan Melissa Ryan on x
    Quitting your job to spend more time with your spaceships is peak billionaire. https://www.cnbc.com/... https://twitter.com/...
  • @paultassi Paul Tassi on x
    He's gonna start streaming on Twitch isn't he https://twitter.com/...
  • @lexnfx Alexei Oreskovic on x
    Amazon stock reaction, or lack thereof, to Bezos news is pretty amazing. The man who built a $1.7 trillion company and has run it for the past 26 years is handing over the CEO baton, and investors are essentially shrugging...
  • @bymikebaker Mike Baker on x
    Hours after Amazon unveils an HQ rendering shaped like a poop emoji, CEO Jeff Bezos announces he is stepping down. https://www.nytimes.com/...
  • @gregmepstein Greg M. Epstein on x
    Not that he cares but I'd prefer if Jeff Bezos just stayed as Amazon CEO. Like, you built the fucking thing and it helped break humanity. Maybe fix it yourself instead of grasping for glory as some sort of arsonist-turned-firefighter philanthropist. https://twitter.com/...
  • @fdestin Fred Destin on x
    Jeff Bezos ran AMZN from 1994 to 2020. If startup years are like dog years he's been at this 182 years. A good run :-) Really interesting to see the guy running Cloud being handed the top job too. https://twitter.com/...
  • @k_trendacosta Katharine Trendacosta on x
    He is leaving to spend more time with his money. https://twitter.com/...
  • @brianmfloyd Brian Floyd on x
    he's running https://twitter.com/...
  • @toddbarry Todd Barry on x
    Bezos transitioning from CEO to executive chairman? Thats like a guitarist transitioning to a guitar player. https://twitter.com/...
  • @cnbcjou Joumanna Bercetche on x
    Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3 @CNBC His wealth also grew by $90bn last year https://www.cnbc.com/...
  • @caseynewton Casey Newton on x
    Personally if I created a foundational internet company and led it for 27 years I would hope my exit came before quarterly financial results in the headline announcing it https://twitter.com/...
  • @sdkstl Staci D Kramer on x
    Bonus for anyone who has video of Jeff Bezos actually tap dancing into the office. (Bezos letter: https://www.aboutamazon.com/ ...) https://twitter.com/...
  • @julieolivertx Julie Oliver on x
    Splitting Amazon and AWS into components would generate massive economic benefits for American workers and massively stimulate our economy. Break up the Big 5. https://twitter.com/...
  • @axelroark Howard Axelroark on x
    Amazing what will happen when you close mom & pops and force people to stay home and order online. https://twitter.com/...
  • @charliebilello Charlie Bilello on x
    Has any company in history hired more employees in a single year than Amazon did in 2020? https://twitter.com/...
  • @reddogt3 Scott Redler on x
    Big report. Not trading it after hours. Needs a split for real juice. So far not. I'll just let call spread stick fit now and wait. $amzn. $3550 is the big level. So far held $3250 on the first reaction. https://twitter.com/...
  • @mpower_change @mpower_change on x
    .@amazon's latest PR move is replacing @JeffBezos with head of AWS @ajassy, who's spearheaded much of Amazon's surveillance empire—from pushing facial recognition tech to sell to police to defending contracts with @palantirtech that power ICE's detention-deportation machine https…
  • @thekarami Arash Karami on x
    Bezos will transition to supreme leader and give the presidency to Jassy. https://twitter.com/...
  • @sdkstl Staci D Kramer on x
    Bezos giving up CEO announced in the most Amazon way possible https://twitter.com/...
  • @charliebilello Charlie Bilello on x
    Amazon ended 2020 with 1.3 million employees, an increase of 500,000 from 2019 (+63%). $AMZN https://s2.q4cdn.com/... https://twitter.com/...
  • @alfredwkng @alfredwkng on x
    The incoming Amazon CEO Andy Jassy on facial recognition and potential police abuse: “Let's see if they somehow abuse the technology. To assume they're going to do it and therefore you shouldn't allow them to have access ... doesn't feel like the right balance to me” https://twit…
  • @cnbctech @cnbctech on x
    Amazon's cloud division reports 28% revenue growth, missing analysts' estimates https://www.cnbc.com/...