Jeff Bezos Says Will Pass Baton to New Amazon CEO on July 5

Amazon founder Jeff Bezos has picked a date to step down as CEO.

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FILE - In this June 6, 2019 file photo, Amazon CEO Jeff Bezos speaks at the the Amazon re:MARS convention, in Las Vegas. Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday, May 26, 2021, that Amazon executive Andy Jassy will take over the CEO role on July 5. (AP Photo/John Locher)
Image via AP Photo/John Locher

This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.

NEW YORK (AP) — Amazon founder Jeff Bezos has picked a date to step down as CEO. Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5. “We chose that date because it’s sentimental for me,” Bezos said during an Amazon shareholder meeting Wednesday. He explained that it was exactly 27 years ago on that date…

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