At Amazon, the largest online retailer in the world, a chair shift begins.
Right in the middle: Jeff Bezos.
Will the second richest man in the world have less power in the company in the future?
Amazon is one of the most successful companies worldwide - and has grown enormously again thanks to Corona.
Founder Jeff Bezos * is the face of the online retailer, and that is likely to change in the foreseeable future.
The American is vacating his position on the board and will be working elsewhere in the future.
Update from February 3, 10:31 a.m.:
After a quarter of a century at the helm of Amazon, Jeff Bezos will pass the scepter on in the third quarter of 2021.
Andy Jassy, previously responsible for the profitable Amazon Web Services (AWS) division, will then follow in the footsteps of the powerful company founder.
Will the second richest man in the world then have less influence on the online giant?
Unlikely.
As executive chairman of the board of directors, who is superordinate to the board of directors, Bezos is likely to continue to exert a lot of influence at Amazon in the future.
In a message to employees, the 57-year-old said that his decision was not about retiring:
“I've never had more energy,” emphasized Bezos.
In his future role as Chairman of the Board of Directors, he wants to focus his energy and attention on new products and initiatives.
He also gains more time for other projects such as his foundations, his space company Blue Origin or the newspaper
The Washington Post
, which is privately owned.
Amazon: Jeff Bezos is vacating board positions - but he will stay with the company
Original article from February 2, 2021:
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 at the top of the group.
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.
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.
+
Jeff Bezos, Amazon founder and CEO, at a product presentation.
A change of boss is due in the third quarter.
© Patrick Fallon / ZUMA Wire / dpa
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 is generating record revenues from the Corona crisis
Amazon
recently benefited greatly from the Corona crisis, which has also brought German politics to the scene.
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.
* Merkur.de is an offer from the Ippen Digital Network
List of rubric lists: © Patrick Fallon / ZUMA Wire / dpa