Amazon's Jeff Bezos will still help make major decisions in new role - Business Insider

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Amazon says Jeff Bezos will be involved in 'one-way door' decisions in his new role — here's what that means

Jeff Bezos will spend his time as Amazon executive chairman focusing on"one-way door" decisions.Bezos will hand over day-to-day management of Amazon to AWS CEO Andy Jassy.Jeff Bezos may be stepping down as Amazon CEO, but he's not going anywhere — in fact, he'll still be involved in major,"one-way door" decisions at the company. as executive chairman of Amazon's board. Andy Jassy, the current CEO of AWS, will take his place.

"Being the CEO of Amazon is a deep responsibility, and it's consuming. When you have a responsibility like that, it's hard to put attention on anything else," Bezos wrote, adding that he'll be focusing his time on his philanthropy, as well as the two companies he owns: the Washington Post and space company Blue Origin.

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