Amazon Founder Jeff Bezos to Step Down as CEO


NEW YORK—Jeff Bezos, who founded Amazon and turned the company into an online shopping behemoth, is stepping down as its CEO, a role he’s had for nearly 30 years. He’ll be replaced in the fall by Andy Jassy, who runs Amazon’s cloud-computing business. Bezos, 57, will then become the company’s executive chair.-- More...

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