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Amazon founder Jeff Bezos Leaves End of The Year

American e-commerce giant Amazon announced that the company’s top manager (CEO), Jeff Bezos, will step down from his post in the third quarter of this year.

Amazon has announced its balance for the last quarter of 2020.

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In the statement that the company will change managers this year, it was reported that Jeff Bezos, the founder of Amazon, will leave his senior management position in the third quarter of the year.

In the statement, it was stated that Bezos will continue to be the president of the company, and the future of Andy Jassy as Amazon’s top manager was recorded.

THE COMPANY’S QUARTERLY INCOME EXCEEDED 100 BILLION DOLLARS FOR THE FIRST TIME

In the statement, where the company’s financial results for the final quarter of 2020 were shared, it was noted that Amazon’s quarterly revenue exceeded $ 100 billion for the first time.

In the statement, it was noted that Amazon sales increased 44 percent in the fourth quarter of 2020 compared to the same quarter of the previous year, reaching $ 125.6 billion.

In the statement, which noted that the company’s sales increased throughout 2020, it was stated that Amazon’s sales increased 38 percent in 2020 compared to the previous year, to $ 386.1 billion.

In the statement, it was reported that the company’s net income increased to $ 7.2 billion in the fourth quarter of last year, and its earnings per share was $ 14.09. The company announced a profit of $ 3.3 billion in the fourth quarter of 2019.

In the statement, which posted Amazon’s net profit at $ 21.3 billion in 2020, it was reported that earnings per share was $ 41.83 last year. Amazon had a profit of $ 11.6 billion in 2019.

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