Home / Business / Amazon prepares investors for a day when Jeff Bezos isn’t a CEO.

Amazon prepares investors for a day when Jeff Bezos isn’t a CEO.



Amazon CEO Jeff Bezos

Alex Wong | Getty Images

Deep down in the risk factors section of the quarterly report, Amazon turns one word into describing the importance of its founders and CEOs.

“We depend on top executives and other key personnel, including Jeffrey P. Bezos, founder, chairman, CEO and chairman,”

; the company said in its quarterly financial report.

As recently as three months ago in an annual report, the word “especially” preceded Bezos’ name as a subtle change. But it’s important when Amazon prepares to deliver the reins to a new CEO for the first time in its 27-year history.

Amazon said in February that Bezos would step down as CEO in the third quarter, although he was the successor to the chairmanship of the company named Andy Jassy, ​​the head of Amazon web services.

Bezos, the richest person in the world, is the only name to refer to the key personalities of risk factors.Bezos founded Amazon in 1994 as an online book seller and has transformed it into more than $ 1.7 trillion in ecommerce, software and media.

Amazon shares traded near record close on Friday, the day after quarterly revenue and revenue exceeded analysts’ estimates.

see: Amazon’s trend is here, said Sand Hill’s Vingiello.


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