Who is Andy Jassy, ​​the longtime Amazon executive who is set to become its new CEO?


Andy Jassy, ​​the incoming CEO from Amazon, Wall Street is known. But most Americans who don’t do business online are unlikely to know about the executive who runs the company’s cloud computing service, an increasingly important business for the e-commerce titan.

Jassy, ​​53, is a longtime Amazonian who joined the company in 1997. Here’s what you need to know about the Harvard Business School graduate and what his survey means for Amazon.

He heads Amazon’s most profitable division

Jassy runs AWS (formerly known as Amazon Web Services), which he helped build from the ground up in the late 1990s. AWS is the e-commerce giant’s most profitable business unit, and Jassy’s promotion to CEO underscores the importance of cloud computing to the company.

“This is a business that was essentially the golden goose. Although it only accounts for 12% of sales, it contributes at least half or two-thirds of its profits each quarter,” said Tuna Amobi, …


Source link


Please enter your comment!
Please enter your name here