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Jeff Bezos to step down as Amazon CEO
Last Updated : 03 Feb 2021 04:17:09 AM IST
Jeff Bezos
Jeff Bezos

 

Jeff Bezos will step down as Amazon CEO in the third quarter.

In a letter to Amazon employees published Tuesday afternoon, Jeff Bezos announced that he would transition to executive chairman, where he'll focus on "new products and early initiatives."
 
"Being the CEO of Amazon is a deep responsibility, and it's consuming," Jeff Bezos wrote. "When you have a responsibility like that, it's hard to put attention on anything else."


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