Andy Jassy will face these 3 big challenges as Amazon’s CEO

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When Jassy succeeds Jeff Bezos, he’ll have plenty to keep him busy—including activist legislators, labor unrest, and the need to just keep growing. Andy Jassy has been one of Jeff Bezos’s key executives at Amazon for a long time now. He knows the business inside and out. But he’ll be facing some substantial challenges when he takes the CEO position in the third quarter of this year, with Bezos stepping back to the role of executive chairman. Read Full Story

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Who is Andy Jassy? 6 things to know about Amazon’s new CEO

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Jeff Bezos is turning the company he founded over to a longtime executive who—though the furthest thing from a household name—is a superstar within Amazon. In 2021’s biggest tech-industry news so far, Amazon founder Jeff Bezos has announced that he’s stepping back from day-to-day management of the company. He will retain the executive chairman title but is handing CEO duties over to Andy Jassy, the CEO of Amazon Web Services, starting in Q3. Even after you’ve read Bezos’s letter to Amazon employees , you may have questions about the move. Along with “Why?” and “Why now?” one of them is probably, “Who is Andy Jassy?” Read Full Story

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Merck CEO Kenneth Frazier announces retirement

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The Merck CEO oversaw the development of important cancer immunotherapy drugs and an HPV vaccine during his tenure. First, it was Jeff Bezos announcing he’s stepping down as chief executive officer of Amazon, now it’s Kenneth Frazier—a busy week for CEO exits. Frazier has been with pharmaceutical giant Merck since 1992 when he joined the company as a vice president. In his almost 30 years he rose through the ranks, holding various positions, before becoming CEO of Merck in 2011. Read Full Story

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