Online & DigitalPeople Moves

Jeff Bezos to step down as Amazon CEO

The news follows Amazon’s latest results for the three months ended 31 December 31, which revealed net sales increased 44% to $125.6bn (£90bn) in the fourth quarter, compared with $87.4bn (£64bn) for the same period the previous year

Amazon has announced that founder Jeff Bezos will step down from his role as CEO in Q3, and instead transition to the role of executive chair.

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