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Big Law

Jeff Bezos Steps Down as Amazon CEO

Jeff Bezos stepped down as Amazon’s CEO on Monday, exactly 27 years since he started the e-commerce giant in a garage in West Bellevue, Wash.

Bezos is handing day-to-day duties to his longtime deputy Andy Jassy but will continue to hold considerable sway as the company’s executive chairman.

Under Bezos, Amazon transformed itself from an online bookseller startup into the world’s largest online retailer. Bezos led the company safely through the dot-com bubble bursting in the early 2000s then launched a period of ruthless expansion, pushing its influence far beyond Internet commerce.

Read the source article at npr.org

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