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Big news, Amazon CEO Jeff Bezos resigns

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Amazon Chief Executive Officer (CEO) Jeff Bezos has resigned from his post. Bezos said in a mail to employees Tuesday that he was relinquishing the CEO role at the company.

He said that I am excited to announce that I will play the role of Executive Chairman of the Amazon Board and Andy Jassy will be the CEO of the company.

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He said that his role as executive chairman of the Amazon Board of Directors would allow him to stay connected with the company. Also be able to devote time to focus on Day 1 Fund, Bezos Earth Fund, Blue Origin, The Washington Post and other matters.

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