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Jeff Bezos steps down as CEO for Amazon

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Chief Executive Officer (CEO) of Amazon Jeff Bezos has stepped down as their Boss. He has been in charge for 27years since it came into existence.

He rather wants to focus on other ventures that he has. He is now serving as the executive chairman of the E- commerce giant. 

Amazon is known to be one of best serving online bookshop since 1994 and very equip with packaging delivery and advertising.

In February, Bezos told employees in a blog post that he planned to focus on new products and early initiatives being developed at Amazon. He said he would have more time for side projects, including his space exploration company Blue Origin, his philanthropic initiatives and overseeing The Washington Post, which he owns. 

“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,” he wrote. “As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.” 

The move “isn’t about retiring” he said, adding that he has never had “more energy.”‘

Source:\Afia Aning-Badu

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