Jeff Bezos steps down as Amazon’s sales rocket past $100 billion

Article Link: https://torontosun.com/business/money-news/jeff-bezos-steps-down-as-amazons-sales-rocket-past-100-billion

Amazon.com on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported a third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for the summer, will make current cloud computing head Andy Jassy the next chief executive of Amazon.