Andy Jassy will be the new CEO of Amazon starting July 5, 2021 after Jeff Bezos steps down from the post. Bezos in a letter to employees at Amazon in February 2021 said that he will transition to Executive Chair of the Amazon Board. While Bezos will continue to focus on new products and early initiatives, Jassy will take care of all things at Amazon. Here’s what you should know about Andy Jassy, the new CEO at one of the world’s largest cloud computing businesses.
Andy Jassy started his career at Amazon in 1997 as a marketing managerAndy Jassy joined Amazon in 1997. He was a project manager at MBI at an early stage of his career.
New Amazon CEO Andy Jassy did his MBA from Harvard Business SchoolJassy got his job at Amazon after doing his MBA from Harvard Business School.
Andy Jassy was a technical assistant to Jeff Bezos in his early daysIn the early 2000s, he worked as a technical assistant for Bezos. He was an important person who led Amazon to look outside just book sales.
Andy Jassy is known to be founder of Amazon Web Services (AWS)Jassy is known as the founder of Amazon Web Services (AWS) inside the company where he started the service with a team of 57 people. After 13 years, he got promoted to CEO at AWS. One of the key reasons for Jassy being the new CEO is due to his success at AWS which converted Amazon into a cloud computing company from just e-commerce.
Andy Jassy is 53-years-old and married with two kids in the USJassy is married to Elana Rochelle Caplan with two kids and lives in Seattle, US.
After Jeff Wilke retired, it was almost decided that Jassy would be the next CEOAfter consumer chief Jeff Wilke announced his retirement, it was quite certain that Jassy would take over. Wilke was Amazon’s second most high-ranking official.
Jassy’s biggest challenge: Losing a $10 billion Pentagon cloud contract to MicrosoftOne of his big challenges has been navigating the loss of a $10 billion Pentagon cloud contract to Microsoft and Jassy did not mince words when going after former President Donald Trump for unfairly influencing the process.
Jassy also owns a part of new Seattle National Hockey League franchiseApart from his work at Amazon, Jassy loves sports and is a part-owner of the new Seattle National Hockey League franchise, the Kraken, which will join the league in the 2021-2022 season.
Jassy feels reinvention is the key to be successful in life“You want to be reinventing when you are healthy, you want to be reinventing all the time. You have got to be manancial and relentless and tenacious about getting to the truth…. You have to know what’s working and what’s not working,” Jassy had said in December at a company forum, as per a report by Reuters.
Jassy has stocks worth over $30 million at AmazonHe is said to have stocks over $30 million at Amazon. His base compensation was $175,000 while he was the CEO of AWS in 2020.