Jeff Bezos, Amazon’s founder, will step down as CEO
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.
