Amazon founder Jeff Bezos has announced he will step down this year as chief executive of Amazon, and that he will transition to the role of executive chair in the third quarter, handing over the CEO role to Andy Jassy, who heads Amazon Web Services.

Produced by: Christine Wong

Presented by: Richard Bradbury, Arvindh Yuvaraj, and Christine Wong

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Tags:  Transitions,  new management,  amazon,  jeff bezos,  leadership transition