Jeff Bezos to step down as Amazon CEO
The news follows Amazon’s latest results for the three months ended 31 December 31, which revealed net sales increased 44% to $125.6bn (£90bn) in the fourth quarter, compared with $87.4bn (£64bn) for the same period the previous year
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Amazon has announced that founder Jeff Bezos will step down from his role as CEO in Q3, and instead transition to the role of executive chair.