Andrew R. Jassy (born January 13, 1968) is an American businessman who’s the CEO of Amazon Internet Companies (AWS). He’s additionally one of many minority homeowners of the Seattle Kraken of the Nationwide Hockey League. Jassy helped within the growth of Amazon Internet Companies (AWS) since its inception in 2006. Jassy will exchange Jeff Bezos as CEO of Amazon within the third quarter of 2021; Bezos will develop into govt chairman.
Andy Jassy Early Life and Training
Jassy is the son of Margery and Everett L. Jassy of Scarsdale, New York. His father was a senior companion within the company regulation agency Dewey Ballantine in New York and chairman of the agency’s administration committee. Jassy grew up in Scarsdale and attended Scarsdale Excessive College. He’s Jewish with Hungarian ancestry.
Jassy serving with honors from Harvard School, the place he was promoting supervisor of the Harvard Crimson, earlier than incomes an MBA from Harvard Enterprise College.
Andy Jassy Profession & Qualification
Jassy labored after commencement as a venture supervisor for a collectibles firm, MBI, earlier than taking his MBA.
He joined Amazon in 1997 as a advertising supervisor. In 2003, he based Amazon Internet Companies (AWS), with a group of 57 folks. In April 2016, Jassy was promoted from senior vp to CEO of AWS.
In 2016, Jassy earned $ 36.6 million. In 2020, for his work as CEO of AWS, Jassy earned a base compensation of $ 175,000, plus a restricted inventory unit award of 4,023 shares (a worth of $ 12,104,844.93 as of July 26, 2020 ) of Amazon with vesting starting in 2023 He additionally acquired a restricted inventory unit award in April 2018 for 10,000 shares (a worth of $ 30,089,100 as of July 26, 2020 ), which vest 37.5% in 2021, 12.5% in 2022, 37.5% in 2023, and 12.5 % in 2024.
Jassy has been outspoken in his criticism of rival firm Oracle.
Jassy is the chairman of Rainier Prep, a constitution faculty in Seattle.
As of November 2020, Jassy’s estimated web price is $ 377 million.
In February 2021, it was introduced that Jassy would succeed Jeff Bezos because the CEO of Amazon within the third quarter of 2021, with Bezos transitioning to govt chairman.
Andy Jassy Private Life
In 1997, Jassy married Elana Rochelle Caplan, a designer for Eddie Bauer and graduate of the Philadelphia School of Textiles and Science, on the Loews Santa Monica Seaside Resort. Each their fathers had been senior companions in regulation agency Dewey Ballantine. They’ve two kids and dwell in Seattle.