Jeff Bezos, founder of Amazon and the richest man in the world, according to Forbes magazine, handed over the post on Monday of the company's general management to Andy Jassy, until recently in charge of Amazon Web Services and an employee of the company for 24 years.
Bezos, 57, announced in February this year that he would step away from the CEO role to pursue his other companies, but that he would not do so entirely by remaining chairman of the tech giant's executive board.
For some experts, choosing Jassy as his successor is the most appropriate, considering that he has been with the company since 1997, when Amazon was dedicated to selling books online.
Andy Jassy (right and front) will take over the reins of Amazon, founded by Jeff Bezos (left) Max Butterworth / NBC News
[Jeff Bezos and 55 other people who became billionaires during the pandemic]
"It's a very wise choice
,
" says
Barbara Kahn with the Wharton School of Business at the University of Pennsylvania.
The company, valued at $ 1.7 billion, has become one of the most powerful in the world alongside the oil giant Saudi Aramco and the technology Apple.
But despite the great moment that Amazon is experiencing, which
tripled its profits in the first quarter of 2021
, and which generated in 2020 more than $ 386,000 million in the middle of the coronavirus pandemic, it faces scrutiny by Washington and the Federal Trade Commission that They seek a review of the antitrust laws of large companies, including the giant created by Bezos.
This June 6, 2019 photo shows Amazon CEO Jeff Bezos at the Amazon convention in Las Vegas.
AP
The House of Representatives introduced in mid-June a legislative package supported by Democrats and Republicans that would force Amazon, Facebook and Google
to reshape their business practices
.
Jassy will also have to deal with the labor unions in several states that try to unionize the workforce that in recent years has grown exponentially, with more than 1.3 million employees worldwide.
To make matters worse, Amazon's new CEO will have to manage the company's explosive online advertising business;
the
online
gaming and social network
Twitch, the Whole Foods supermarkets and the Amazon Prime video streaming platform.
[From a garage to selling millions: this is how Jeff Bezos and Amazon changed the history of commerce]
Jeff Bezos fulfills an 82-year-old woman's dream of traveling to space
July 2, 202101: 01
"Amazon is a complex network of closely linked businesses,"
explains Sunil Gupta, a professor at Harvard Business School, where Jassy received his master's degree in business administration.
"Amazon Studios and its
streaming
service
maintain Prime subscriptions, which helps power their e-commerce business. To manage the complexity of the business, you need a CEO who can manage it all together," added Gupta.
While Jassy begins a new stage with Amazon, the legendary Bezos would dedicate himself to other projects
and "passions", including his aerospace company Blue Origin, which on July 20 will take him into space in a 10-minute flight.
The tycoon also owns
The Washington Post
newspaper
, as well as the Day 1 Fund, the Bezos Earth Fund, among others.
With information from NBC News