A powerful message reached us late on Tuesday evening, February 2, 2021. Amazon founder and former chairman Jeff Bezos, one of the richest people on Earth, wants to resign. As Amazon announced in a press release, Andy Gacy, who has been leading the lucrative cloud business to date, will take over the role in the third quarter of this year.
The significant news announced in Seattle came as part of the announcement of the global group’s current financial results in the online retail sector. Amazon has benefited greatly from the current situation and has increased operating cash flow by 72 percent to $ 66.1 billion US dollars over the past twelve months. For the whole of 2020, the company’s net sales grew 38 percent to $ 386.1 billion. In 2019 it was 280.5 billion.
What the change means for the streaming platform Twitch.tv, which is also part of Amazon, is still so far in the stars. According to the announcement, Jeff Bezos himself will move to the so-called “CEO” as part of the CEO transfer.
Jeff Bezos, founder and CEO of Amazon says:
“Amazon is what it is with invention. We do crazy things together and then do it naturally. We’ve created customer reviews, one-click, personalized recommendations, insanely fast shipping for Prime, shopping at Just Walk Out, Climate Pledge, Kindle, Alexa” , Marketplace, cloud computing for infrastructure, career choices and more.
If you do it right, surprise inventions are normal after a few years. People yawn. Yawning is the greatest compliment an inventor can receive. When you look at our financial results, you are actually seeing the long-term cumulative results of the invention. Right now, I’m seeing Amazon in its most creative form, which makes it the perfect time for that transformation. “
You can read the original press release from Amazon Here Read slowly.