Jeff Bezos will step down as CEO of Amazon, which is a shocking change in its own right, but the move has also highlighted his successor, an unknown CEO named Andy Gacy who runs the company’s cloud computing unit.
Andy Gacy’s new CEO
Gacy is currently CEO of Amazon Web Services, the lucrative cloud computing arm of the e-commerce giant, which accounted for 67% of the company’s entire operating profit in the fourth quarter, supported by increased demand during the COVID-19 period.
Gacy joined Amazon in 1997, and worked as a technical assistant to Bezos before eventually helping to launch Amazon Web Services in 2006.
Bezos, the world’s richest person, has also said he also wants to focus on his commercial space company Blue Origin and on the Washington Post business, which he has owned since 2013.
In September, the Washington Post announced that Gacy was the likely “successor” after the retirement of another Bezos deputy, Jeff Wilk, last August, Wilk had been running Amazon’s consumer business around the world and was seen as the best option to replace Bezos.