Two top Amazon execs get CEO titles

Amazon.com Inc. announced Thursday afternoon that the leaders of the two main divisions within the company will receive the title of chief executive officer. Jeff Wilke was named CEO of the e-commerce giant’s consumer arm, and Andy Jassy received the title of CEO for the cloud-computing division called Amazon Web Services. “This is not a reorganization but rather a recognition of the roles they’ve played for a while,” Amazon said in a blog post. Amazon founder Jeff Bezos will continue to serve as CEO of the entire company.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply