The US Securities and Exchange Commission (SEC) filings have revealed that the incoming Chief Executive Officer (CEO) of Amazon, Andrew Jassy, earned about $35 million in 2020.
The filings were done on Thursday, April 15, 2021.
African Entertainment understands that the founder and current CEO of Amazon is planning to step down from the day-to-day running of the company.
SEC filings showed he made $1.6 million for 2020, the same amount for 2019.
In a letter to Amazon’s shareholders, he reportedly, Mr. Bezos revealed that Amazon Prime delivery service has moved beyond 200 million members globally.
Meanwhile, Mr Bezos is expected to hand over to Mr Jassy in the third quarter of 2021.
Jassy is expected to oversee Amazon’s web services division.
According to Mr Bezos in his letter, his role as a CEO of Amazon, “a hard job with lots of responsibility.”
He stated that “Andy is brilliant and has the highest of high standards. I guarantee you that Andy won’t let the universe make us typical. He will muster the energy needed to keep alive in us what makes us special. That won’t be easy, but it is critical. I also predict it will be satisfying and oftentimes fun.”
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