Jeff Bezos Exits as CEO, but His Role at Amazon Will Likely Be Little Changed
Jeff Bezos Exits as CEO, but His Role at Amazon Will Likely Be Little Changed BY THE WALL STREET JOURNAL February, 3, 2021 The founder had been laying the groundwork for such a move for years, involving himself less and less in day-to-day management Jeff Bezos has focused much more on high-level strategic decisions in recent years. Tuesday’s (February 2, 2021) announcement that Jeff Bezos will become executive chairman of Amazon.com Inc. after more than 26 years as its chief executive was a public jolt. Behind the scenes, the founder had been laying the groundwork for such a move for years, according to people who work closely with him. So much so, that when Mr. Bezos signaled to the board around six months ago that he was ready to move to a new role, the directors weren’t surprised. He had already been involving himself less and less in day-to-day management, said one of the people. Among the most successful entrepreneurs in history, the famously driven Mr. Bezos ...