Jeff Bezos Steps Down as Amazon CEO Next Week

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...

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.

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.

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.”

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