As he hands over top job at Amazon, Bezos will remain largest shareholder and ‘has never had more energy’
A quarter of a century after he founded Amazon in a Seattle garage, Jeff Bezos is preparing to loosen his grip on his $1.7tn (£1.2tn) company. Few employees in the sphere conservatories at Amazon’s sprawling Seattle campus headquarters reckon Bezos will relinquish that much of his iron grip on the company’s big decisions when Andy Jassy succeeds him as CEO on Monday. After all, Bezos will become executive chairman of Amazon’s board and remains the company’s biggest shareholder. But Bezos, 57, told his 1.3 million employees (whom he refers to as “fellow Amazonians”) that “as much as I still tap dance into the office, I’m excited about this transition”.
“I’ve never had more energy, and this isn’t about retiring,” he said. “I intend to focus my energies and attention on new products and early initiatives … I’m super passionate about the impact I think these organisations can have.”