The moving of chairs begins at the world's largest online retailer.
Right in the middle: Amazon boss Jeff Bezos.
But he stays with the company.
Amazon is one of the most successful companies in the world.
Founder Jeff Bezos is the face of the online retailer.
But he is now vacating his position on the board.
Seattle - He is the face of the world's largest online retailer, Amazon.
Jeff Bezos founded the company himself in 1994. Now he is introducing a change in the top management.
Amazon announced on Tuesday after the US stock market closed in Seattle that Bezos would hand over the chairmanship to Andy Jassy in the third quarter of 2021.
Jassy previously worked as the head of Amazon's booming cloud business.
Amazon: Jeff Bezos is vacating board positions - but he will stay with the company
Bezos will probably stay with the company, but in a different position.
In the future, the 57-year-old could serve as the executive chairman of the administrative board that is higher than the executive board.
This would mean that Bezos would continue to have a great influence on Amazon's fortunes.
After it was founded 27 years ago, the top manager expanded Amazon from an online bookstore to a billion-dollar company.
Bezos is currently the second richest person in the world after the "Bloomberg Billionaires Index" with an estimated fortune of 188 billion dollars (155.4 billion euros).
Amazon: Online retailer generates record revenues from the Corona crisis
Amazon
recently benefited greatly from the Corona crisis.
The company's sales cracked the $ 100 billion mark for the first time in the three months to the end of December thanks to the general order boom during the corona pandemic and strong Christmas sales.
That meant a 44 percent increase in revenue over the same period last year to $ 125.6 billion.
Amazon was also able to more than double its net profit to a total of 7.2 billion dollars (6.0 billion euros).
Fiscal 2020 brought in $ 21.3 billion for the group.
This corresponds to an increase of 84 percent - a new record for Amazon.