Andrew R. Jassy is an American business executive who has been the president and CEO of Amazon since July 5, 2021. Jassy led Amazon Web Services since its inception in 2003. He replaced Jeff Bezos as president and CEO of Amazon on July 5, 2021, and Bezos became executive chairman. He is one of the minority owners of the Seattle Kraken in the National Hockey League. Andy Jassy has been the CEO of amazon web services (AWS) since its inception in the year 2003. On the 5th of July, 2021, he succeeded Jeff Bezos as amazon’s president and CEO, and Bezos was named executive chairman.
Andy or Andrew was born on 13th January 1968 as the son of Scarsdale New York residents Margery and Everett L. Jassy. He is Jewish and of Hungarian descent. His father a senior partner and chairman of the management committee at the corporate law firm Dewey Ballantine in New York. Kathy Savitt, his sister was a former president of strategic communications, content, and entertainment activities at amazon.
Jassy was raised in Scarsdale and graduated from Scarsdale High school. Jassy graduated with honors, cum Laude, from Harvard College in government, where he worked as the advertising manager for The Harvard Crimson before attending Harvard Business school and earning an MBA.
After graduation, Jassy worked 5 years before enrolling in his MBA program. He worked as a project manager for MBI, a collectibles company, and then he and MBI colleague started and closed a company. He joined Amazon in 1997, along with a few other Harvard and MBA classmates. Early on, he worked as a marketing manager. In the year 2003 jeff and he conceived of the cloud computing platform that would become known as amazon web services (AWS), which debuted in 2006. Jassy was in charge of AWS and its 57-person team.
The financial times named Jassy Person of the year in March 2016. Due to his excellent performance, he was promoted from senior vice president to CEO of AWS a month later. Jassy earned $36.6 million that year and he received a base salary of $175000 in 2020 for his work as CEO of AWS, as well as a restricted stock unit award of 4023 shares (a value of $12104844.93) as of July 26, 2020, of amazon, with vesting beginning in 2023.
Amazon Prime is a paid subscription service from Amazon which is available in various countries and gives users access to additional services otherwise unavailable or available at a premium to other Amazon customers. Services include same, one or two-day delivery of goods and streaming music, video, e-books, gaming and grocery shopping services. In April 2021, Amazon reported that Prime had more than 200 million subscribers worldwide