The Briefing Room

General Category => Economy/Business => Topic started by: mystery-ak on February 02, 2021, 09:28:51 pm

Title: Bezos stepping down as Amazon CEO
Post by: mystery-ak on February 02, 2021, 09:28:51 pm
Bezos stepping down as Amazon CEO
By Rebecca Klar - 02/02/21 04:18 PM EST


Amazon announced Tuesday that CEO Jeff Bezos will be stepping down from his top spot and transitioning to the role of executive chair of the company's board.

 
Bezos will transition out of his role in the third quarter of 2021, the company said while announcing its quarterly earning report from the end of last year.

Andy Jassy, the current head of Amazon Web Services (AWS), will succeed Bezos as CEO of the e-commerce giant.

DEVELOPING

https://thehill.com/policy/technology/537028-bezos-stepping-down-as-amazon-ceo
Title: Re: Bezos stepping down as Amazon CEO
Post by: Cyber Liberty on February 03, 2021, 12:13:26 am
It'll just give him more time to destroy democracy in darkness.
Title: Re: Bezos stepping down as Amazon CEO
Post by: libertybele on February 03, 2021, 12:16:14 am
It'll just give him more time to destroy democracy in darkness.

Right along with Gates.
Title: Re: Bezos stepping down as Amazon CEO
Post by: catfish1957 on February 03, 2021, 03:06:22 pm
It'll just give him more time to destroy democracy in darkness.

Well that's 2 of the 4 Horsemen  of the SJW/Climate Change Garbage Apocolypse
Title: Re: Bezos stepping down as Amazon CEO
Post by: Fishrrman on February 03, 2021, 11:05:36 pm
catfish wrote:
"Well that's 2 of the 4 Horsemen  of the SJW/Climate Change Garbage Apocolypse"

Well, I just have to ask:
Who are the other two...?
Title: Re: Bezos stepping down as Amazon CEO
Post by: catfish1957 on February 04, 2021, 03:52:42 am
catfish wrote:
"Well that's 2 of the 4 Horsemen  of the SJW/Climate Change Garbage Apocolypse"

Well, I just have to ask:
Who are the other two...?

Two out of these probably...  Brin, Page, Zuck, or Dorsey
Title: Re: Bezos stepping down as Amazon CEO
Post by: Elderberry on February 05, 2021, 12:30:36 am
Bezos forced out as Amazon's CEO

American Thinker by By Howard Richman 2/4/2021

https://www.americanthinker.com/blog/2021/02/bezos_forced_out_as_amazons_ceo.html (https://www.americanthinker.com/blog/2021/02/bezos_forced_out_as_amazons_ceo.html)

Quote
On Tuesday, Jeff Bezos was forced out as Amazon's CEO.  (In corporate slang, he was "kicked upstairs.")  Amazon's Board of Directors may have had enough of him furthering leftist causes at stockholders' expense.  The decision to shut down Parler on his watch chased away some future customers from Amazon's web hosting services and caused some conservatives to stop buying from Amazon, although his successor is the executive who gave the actual order.  More worrying to the financial community, it opened Amazon to lawsuits and government regulation.  Morningstar.com, a financial website, reports:

    The leadership transition at Amazon will take place as it grapples with unprecedented scrutiny.

    The company is currently the subject of probes from the Justice Department, the Federal Trade Commission, the European Union and other governing agencies about whether it participates in anticompetitive practices.

A few days ago, Forbes.com discussed Bezos's commitment of $2 billion of Amazon's money toward fighting climate change:

    After facing criticism about its environmental record in recent years, Amazon is launching a new $2 billion venture capital fund — as part of its "Climate Pledge" announced last September — that will invest in clean energy and other technologies to reduce the impact of climate change, The Wall Street Journal first reported.

In May, Bezos created a palatial homeless shelter in one of Amazon's office buildings in downtown Seattle:

    Amazon partnered with nonprofit organization Mary's Place to open the Mary's Place Family Center in The Regrade. The family shelter was built inside one of Amazon's office buildings. The facility is kept separate from Amazon offices through private entrances and acoustical isolation. The family shelter is an eight-floor, 63,000-square-foot facility.