Andy Jassy Named AWS CEO
Apparently growing a product into a $10 billion business deserves a promotion: Longtime Amazon Web Services Inc. (AWS) leader Andy Jassy has been named CEO.
With the previous title of senior vice president, Jassy has guided AWS to become one of three notable success stories singled out by parent company Amazon, along with Marketplace and Prime.
"And as we've grown as a company and those three big pillars have also grown, we've decided it makes sense to change the titles of the leaders of those businesses -- Jeff Wilke and Andy Jassy -- to CEO Worldwide Consumer and CEO Amazon Web Services," Amazon said in a short blog post last week. "This is not a reorganization but rather a recognition of the roles they've played for a while. Kudos to Andy and Jeff!"
As we reported, AWS has become a $10 billion moneymaker. The Amazon blog posted noted the introduction written by Amazon CEO Jeff Bezos in a recent letter to shareholders, which reads: "This year, Amazon became the fastest company ever to reach $100 billion in annual sales. Also this year, Amazon Web Services is reaching $10 billion in annual sales." The service reportedly has some 1 million active users.
Jassy's LinkedIn page indicates he has been an Amazon employee since 2003, having graduated from Harvard Business School.
David Ramel is an editor and writer for Converge360.