Amazon change of guard: Insights on Jeff Bezos, Andy Jassy from a former AMZN insider

Amazon shareholders are celebrating a smashing final quarter of 2021 after the group reported an astonishing 44% surge in revenues this week, says BizNews Founder Alec Hogg in his daily email exclusive to BizNews Premium subscribers. He says some Amazon co-owners may be concerned that founder Jeff Bezos is handing over the CEO reins. 'I’m willing to bet, though, once it sinks in that becoming executive chairman simply means Bezos is moving up to a newly created level (while keeping his hands firmly on what matters) those flutters will calm down,' notes Hogg. Melissa Burdick, co-founder and president at Pacvue and a 10-year Amazon veteran discusses CEO Jeff Bezos' decision to step down and his successor Andy Jassy, head of Amazon Web Services. She also shares perspective on Amazon's fourth-quarter earnings. Learn more about your ad choices. Visit megaphone.fm/adchoices