Amazon's next CEO, Andy Jassy, transformed e-commerce company into a cloud computing giant

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Amazon said on Tuesday that Andy Jassy, who runs the company's cloud division, will succeed Jeff Bezos as CEO of the parent company in the third quarter.

Jassy graduated from Harvard University in 1990 and from Harvard Business School in 1997. He then went straight to Amazon and never left. In anlast fall, he said that his wife and he agreed they'd move to the west coast to be closer to her family for a few years and then move back to New York. "That was 23 years ago of course and the statute of limitations has probably expired," he quipped.

Amazon paid Jassy a total of $348,809 in 2019, down from $19.7 million in 2018, when he received over $19 million in stock awards, according to the company's most recent proxy statement. He owns about 85,000 shares, valued at $287.3 million as of Tuesday's close. He trimmed his holdings from just over 100,000 shares last year.

Critical to Jassy's success has been his ability to attract all types of businesses and organizations to AWS products, offering services for the smallest of start-ups and the world's largest enterprises, like

 

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Why he looks like Putin the Underpants Poisoner?

Loyal to the bone is what he has been described by Jeff. I am sure Amazon will keep doing better than yesterday. This will also spare time to Jeff to go do other better things to change the world.

Looooooong $AMZN

good

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