The founder of Amazon.com, Jeff Bezos, will down from his role as CEO (Chief Executive Officer). Mr Bezos, 57, he will finish as CEO later this year. Instead of CEO, he will take on the new role of Amazon's executive chair. He will on the position of CEO to Andy Jassy. Mr Jassy is currently head of Amazon Web Services - a cloud computing business. Mr Bezos has in charge of Amazon since the company in his garage in 1995. The company as an online bookseller but into a global online marketplace. It out into streaming video, music, and audiobooks. It also consumer electronics, including Kindle e-readers, Fire tablets and Echo devices.
Amazon is one of the world's biggest Internet companies and one of the most valuable. It worth around $1.7 trillion. The company has Mr Bezos one of the world's richest people. Bezos on his success. He said: "This journey some 27 years ago. Amazon was only an idea, and it no name. The question I was most frequently at that time was, 'What's the Internet?' Today, we 1.3 million talented, dedicated people, hundreds of millions of customers and businesses, and are widely recognized as one of the most successful companies in the world." Mr Bezos also the Washington Post newspaper and the space travel company Blue Origin, which to go to Mars.