Andrew R. Jassy is the incumbent President and Chief Executive Officer (CEO) of Amazon. He became the CEO of Amazon on July 5 2021, succeeding the company's founder and executive chairman of Amazon, Jeff Bezos. Previously, Andrew (aka Andy) served as Senior Vice President and chief executive officer of Amazon Web Services from 2003 to 2021. He is the second CEO of Amazon.
Jassy has spent nearly 15-16 years converting Amazon from an e-commerce giant into a highly profitable technology company, creating and then dominating the cloud infrastructure market.
Before Joining Amazon in 1997, Jassy worked for 5 years as a project manager for a collectibles company, MBI. In 2003 Jassy with Bezos came up with the idea to create the cloud computing platform that would be known as Amazon web services, which they ultimately launched in 2006.
In 2016, Andy Jassy was named as a Person of the year by the Financial Times. In the same year he was promoted from senior vice president to CEO of Amazon Web Services.
In 2020, for his commendable work as the CEO of Amazon web services, he earned a base compensation of $175,000 in 2020, additionally a restricted stock unit award of 4,023 shares (a value of $12,104,844.93 as of July 26, 2020) of Amazon with vesting beginning in 2023.
In January 2021, Jeff Bezos assigned Andy Jassy his official successor as CEO and announced it on February 2 during Q4's earnings release. Interestingly, Andy assumed the office on the same day as Bezos had founded the company in 1994.
Andy Jassy, a Jewish with Hungarian ancestry, is a son of Margery and Everett L. Jassy of Scarsdale, New York. Andy grew up in Scarsdale, and did schooling from Scarsdale High School. He graduated from Harvard University in 1990 and from Harvard Business School in 1997. In 1997, he married Elana Rochelle Caplan, a fashion designer for Eddie Bauer. The couple is blessed with 2 children