Skip to main content

Tough Task Awaits Amazon’s New CEO Andy Jassy

Andy Jassy is the new Amazon company chief executive officer (CEO). He currently runs Amazon’s Cloud business and a chairman of the Amazon Web Services (AWS).  He has risen from the cloud to become the CEO of the giant online retail firm. He joined the firm in 1997 and since then he has supervised the company’s rapid-developing cloud computing business.
In the early 2000s, Jassy worked as a technical assistant to the outgoing Amazon CEO Jeff Bezos. The change of guard is the biggest transition of leadership since the company’s inception more than 26 years ago.
The appointment of Jassy as the CEO marks the end of speculations that it was either him or Jeff Wilke. Wilke is the CEO of Amazon’s Worldwide Consumer Business. The question is will Jassy maintain the companies performance? Bezos seemed to have set the performance cap so high. 
Bezos has seen the company morph itself from an online bookstore into a gigantic online retail store with a global impact. In early 2020, the firm surpassed the $1 trillion market limit.
Bezos transitions to become the executive chair in the third quarter of 2021. According to Forbes, Bezos founded Amazon when he was working in his garage in Seattle. He is the proprietor of the Washington Post, the Bezos Earth Fund and Blue Origin. 
He leaves the helm of leadership at a time when the firm had just recorded significant growth that saw its net sales rise by 38 percent, bagging a net income of $21 billion within a year. He leaves the company at a time when it’s valued as the most esteemed in the world, reported its third profit in a row.

Comments

Popular posts from this blog

How Human Noise Kills Marine Species, as revealed by Scientists

Scientists have warned that the discord of noise made by humans is harming marine species .  A comprehensive assessment revealed that large noise from human activities was as harmful as pollution, overfishing and climate change .  The study that was conducted by the Journal Science exposed how marine animals can hear from far distances than they can see or smell. According to a report published in the Guardian, most of the marine life uses sound to catch prey as well as attracting a mating partner.  Prof Carlos Duarte of King Abdullah University in Saudi Arabia argued that: “Marine animal can only sea up to around 10 meters, smell up to around a hundred meters, but they can hear across the entire ocean basins.” The research concluded that sound “is very important in the marine ecosystems, and noise is pervasive, affecting animals at all levels .” The increasing cacophony in the marine habitat is interfering with how marine animals respond to various survival...

Why Ruto will heavily rely on Mudavadi, Joho in his reelection bid

 When Kenya president William Ruto was almost overwhelmed with gen z revolt, his landmark decision was to dismiss the entire cabinet. This occurred immediately after his refusal to sign the Finance Bill 2024/2025. Ruto endeavored to reconstitute a new cabinet, dubbed broad-based executive. He incorporated key opposition figures drawn from the ODM Party - a move that appeased the doyen of opposition Raila Amollo Odinga. Cabinet Secretaries drawn from ODM included: Hassan Ali Joho, Wycliffe Ambetsa Oparanya, John Mbadi Ng'onga and James Opiyo Wandayi. ODM is as good as dead, and Raila's age factor limits him from flying the Party's presidential flag again and has opted out by contesting as Africa Union Commission (AUC) chairman. President Ruto will heavily rely on two members of his cabinet in his reelection bid. Both Musalia Mudavadi and Hassan Ali Joho are billionaires going by their own assertion while appearing before the Parliamentary Committee on Appointments. President...

Kenya’s Quest for New Chief Justice: Unraveling Maraga’s Successor

The Judicial service Commission (JSC) began the process of seeking Kenya’s new Chief Justice (CJ) and President of the Supreme Court, on Monday April 12, 2021. 13 individuals applied for the CJ position, but after a thorough scrutiny 3 were dropped.  The process began after the clearance of ten candidates wishing to succeed former Chief Justice David Kenani Maraga. Among those cleared for interviews were: Justice Said Chitembwe, Prof Patricia Mbote, Justice Martha Koome, Justice David Marete Njagi, former DPP Philip Murgor, Justice Mathew Nduma Nderi, Senior Counsel Fred Ngatia, Justice William Ouko, Prof Moni Wekesa, and Alice Yano. JSC interviewing panel The interview panel was cast out of a nine-member bench drawn from JSC which includes: Prof Olive Mugenda (public representative/ JSC chairperson), Philomena Mwilu (acting Chief Justice), Agnes Amadi (Chief registrar of judiciary), Justice David Majanja (JSC commissioner), Justice Mohammed Warsame (JSC commissioner), ...