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04 Feb 2021

Andy Jassy Named Amazon’s New CEO

Re: Andy Jassy (MBA 1997); Derek C. M. van Bever (Senior Lecturer of Business Administration)
Topics: Innovation-Innovation LeadershipManagement-Management SuccessionSales-eCommerce
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Photo by Auston James

Photo by Auston James

Amazon announced this week that Andy Jassy (MBA 1997) will take over the role of CEO from founder Jeff Bezos later this year.

Jassy has been with Amazon since 1997 and currently runs Amazon Web Services, which the Wall Street Journal notes is one of the company’s largest profit centers. “In its most recent quarter, AWS had net sales of $12.7 billion with an operating income of $3.6 billion, more than half of the company’s overall operating income,” the Journal reports.

In a recent episode of the HBS podcast The Disruptive Voice, Jassy details his early career at the tech giant. “I took my last final exam at HBS on the first Friday of May in 1997 and I started at Amazon the next Monday,” he tells host and Senior Lecturer Derek van Bever. “I didn't know what my job was going to be, or what my title was going to be.” Jassy goes on to discuss his time in “the Shadow Role”—working in a chief of staff role with Jeff Bezos—and how that led to the genesis of Amazon Web Services.

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