10 things you need to know

Jeff Bezos stepped down as CEO final July. Amazon veteran Andy Jassy is the captain now. It’s time to get conversant in him.

(*10*)How outdated is he?

Jassy is 53.

(*10*)The place is he from?

He grew up in Scarsdale, an prosperous suburb of New York Metropolis. His father was a company lawyer at Dewey Ballantine; his mom was a trustee for a youth theater program. His older sister, Kathy Savitt, as soon as labored at Amazon, and is now the president and chief industrial officer of Growth Supersonic, an aviation startup.

(*10*)The place did he go to college?

After graduating from the general public Scarsdale Excessive Faculty, the place he performed varsity soccer and tennis, he went to Harvard, the place he majored in authorities and was the promoting supervisor for the Harvard Crimson. He acquired an MBA from Harvard Enterprise Faculty (HBS) as properly.

(*10*)What was his first job?

Amazon! A minimum of, that was his first after enterprise college. “I took my final closing examination at HBS [on] the primary Friday of Could, in 1997, and I began at Amazon the subsequent Monday. No, I didn’t know what my job was going to be, or what my title was going to be. It was tremendous necessary to the Amazon those that we come that Monday,” Jassy mentioned in a Harvard Business School podcast. He turned a advertising supervisor.

(*10*)What’s he executed thus far at Amazon?

So much. For one factor, he argued that the corporate’s first enlargement past books ought to be into music gross sales. In 2002, he turned the primary in a protracted line of “shadow advisers” to Jeff Bezos, spending a yr trailing the CEO in any respect of his conferences, and functioning as a chief of workers. The subsequent yr, he and Bezos developed the idea for what would grow to be Amazon Internet Companies (AWS), which is now the income driver for your entire firm. Jassy turned CEO of AWS in 2016; he earned $36.6 million that yr. Throughout his closing quarter earlier than turning into CEO of Amazon, AWS had $4 billion in working revenue, which was up 25% yr over yr.

(*10*)Does he have a household?

Jassy married Elana Caplan in 1997. A former attire designer, she based a textile, rug, and glassware market known as Eclectic Nomad in 2015. They’ve two kids and dwell within the Capitol Hill neighborhood of Seattle.

(*10*)When did he grow to be CEO?

July 5, 2021

(*10*)What does he care about?

The Rangers, the Mets, the Knicks, and the Giants. Additionally, it was Jassy’s resolution to boot Parler from AWS in January, quickly after the Capitol invasion.

(*10*)Does he have any facet hustles?

Jassy is a minority proprietor of the Seattle Kraken, an NHL staff, and is the chairman of Rainier Prep, a constitution center college.

 

A model of this text appeared within the November 2021 challenge of Quick Firm journal.