D. Brit
Amazon Founder Jeff Bezos Will Step Down as CEO Later This Year

What Happened:
On Tuesday, Amazon announced that founder Jeff Bezos will step down as CEO later this year and transition to Executive Chair.
Bezos will be replaced by Andy Jassy, current head of Amazon Web Services.
Amazon shares are mostly flat in after-hours trading, thus far.
Developing Story
Photo Source: Len Edgerly
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