The infamous business mogul is shifting his focus elsewhere.
So great has the wealth and success of Amazon’s CEO and founder Jeff Bezos become, his very name has become synonymous with incredible wealth and eccentricity. He is, quite literally, the richest man in the entire world, and it’s all thanks to the sheer ubiquity of Amazon and its services. However, as of this coming Monday, Bezos will no longer be at the forefront of the Amazon juggernaut.
Amazon just updated its famous leadership principles days before Jeff Bezos' departure as CEO https://t.co/lBGwuZtMxE
— Business Insider Tech (@BITech) July 1, 2021
After talking about it for a long while, Bezos is finally stepping down from his position as CEO of Amazon, handing the reins of the company off to cloud computing boss Andy Jassy. Bezos will still be part of the company, acting as the executive chairman of its board, but his primary focus will no longer be on Amazon’s regular operations. Instead, he’ll be directing his attention more toward Amazon’s more esoteric pursuits, including his upcoming trip to space as part of Blue Origin’s first civilian-crewed voyage.
Can Amazon survive without Jeff Bezos? The founder and chief executive of 18 years is stepping down and there are concerns that the company might not thrive as much under the new leadershiphttps://t.co/PmEFwuBu8t
— Financial Times (@FinancialTimes) July 1, 2021
Prior to Bezos’ departure, he added a new tenet to Amazon’s “leadership principles,” the philosophies intended to guide the company’s decision-making process. The first is “Strive to be Earth’s Best Employer,” calling on leaders to “work every day to create a safer, more productive, higher performing, more diverse, and more just work environment.”
The second is “Success and Scale Bring Broad Responsibility,” which reaffirms that “We are big, we impact the world, and we are far from perfect. We must be humble and thoughtful about even the secondary effects of our actions.”
Supreme Court Ends California Disclosure Rule
Shohei Ohtani is the First Two-Way MLB All-Star
-
Credit: Shutterstock In a year when many Americans are clipping coupons, stretching paychecks, and comparison-shopping more than ever, one...
-
Credit: Shutterstock The conversation around potential $2,000 “tariff dividend” checks reached a new peak this week after President Donald...
-
Credit: Shutterstock When President Donald Trump unexpectedly announced plans for what he called a “$2,000 dividend” for the majority...
-
Credit: Shutterstock The countdown is on for one of the most closely watched shareholder votes in corporate history. As...
-
Credit: Shutterstock Imagine not having to hunt for groceries after a long day or remember when your phone bill...
-
Credit: Shutterstock Good News for Taxpayers Good news might be on the horizon for taxpayers — especially those with...
-
Credit: Shutterstock The end of quantitative tightening may not be the market boost it appears to be Federal Reserve...
-
Credit: Shutterstock Trade deficits, national debt, and the numbers that don’t add up President Donald Trump recently caused a...
-
Credit: Envato Elements Untouched Money in the Trillions? There’s a quiet giant sitting in the background of the economy...
-
Credit: Shutterstock Trump and Wall Street’s Top Banker Bury the Hatchet—And Your Wallet Might Thank Them In an unexpected...
-
Credit: Envato Elements Will These Cryptos Steal the Spotlight by Year-End 2025? After a wild start to 2025 filled...
-
Credit: Unsplash Why Don’t We Just Tax the Rich? Every year, millions of Americans pay their taxes expecting that...
