In a letter addressed to Amazon employees, he wrote that Andy Jassy will take over in his former role.
Bezos is Done as Amazon CEO
Amazon CEO Jeff Bezos announced Tuesday that he intends to step down, and instead serve as the Executive Chair of the Amazon Board starting this summer. He'll still have lots of power, but he'll have more time to focus on his space program and media arm. Under Bezos, Amazon saw tremendous growth. But it also sparked scandals and crushed workers along the way. Here's more on how Bezos made billions at Amazon. Plus, we rounded up our favorite jokes and memes about the C-suite shakeup.