Tyra's video: EXCLUSIVE : JEFF BEZOS STEPS DOWN AS CEO OF AMAZON COMPANY FOR ANDY JASSY TyraTalks

Feb. 2, 2021, 4:12 PM EST / Updated Feb. 2, 2021, 5:27 PM EST By Dylan Byers and Leticia Miranda Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago. Bezos will transition to the role of executive chair in the third quarter of this year, which starts July 1, the company said. Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon. The announcement set off alarm bells on Wall Street and throughout the business community, though the transition does not necessarily portend any significant change to Amazon’s business. Amazon reported a year of record growth on Tuesday, including a 38 percent increase in net sales from 2019, netting the company $21 billion in income, nearly double from the year before. Investors didn’t seem fazed by the news, either. Amazon's share price was up about 1.5 percent following the announcement. Bezos steps away from Amazon at a time when its market value hovers around $1.7 trillion, making it one of the most valuable companies in the world. It remains to be seen how active Bezos will be in Amazon’s business in his new role. Several major tech executives have stepped down as CEO and remained intimately involved in their companies’ business, including Larry Ellison at Oracle and Bill Gates at Microsoft. Bezos remains one of Amazon's biggest shareholders. Sub count : 3,227 I believe we can get to 10k subs by my 20th birthday in August ...it’s very achievable if I’m consistent Let’s get them numbers up ^^ will be dropping content at least once a week 🤍 Like , Comment , Share , Subscribe and turn on post notifications for more quality content 🤍