Jeff Bezos’s tunure is exactly 27 years after the company incorporated.
Jeff Bezos, who grew Amazon Company AMZN, +0.19% and transformed it from an internet bookstore to an online shopping behemoth, make this statement on Wednesday that Amazon Inc. executive Andy Jassy will take over the CEO role from him on July 5.
We chose that date because it’s sentimental for me,” Jeff Bezos said this in an Amazon Inc. shareholder meeting on Wednesday. He further explained that it was exactly 27 years ago on that date in 1994 that Amazon was incorporated.

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