Andy Jassy Biography / Who is Andy Jassy? Amazon New CEO
Andy Jassy is an American businessman serving as the CEO of Amazon Web Services (AWS). In the third quarter of 2021, Jassy will replace Jeff Bezos as CEO of Amazon and Bezos will become executive chairman. Jassy is one of the minority owners of the Seattle Kraken of the National Hockey League. He helped in the development of Amazon Web Services (AWS) since its inception in 2006.
Andy Jassy Education
Jassy attended Scarsdale High School and then went to Harvard College where he graduated with honors. There he was the advertising manager of The Harvard Crimson, before earning an MBA from Harvard Business School.
Andy Jassy Career
After graduation, Jassy worked as a project manager for a collectibles company, MBI, before taking his MBA. In 1997, he joined Amazon as a marketing manager. He founded Amazon Web Services (AWS) in 2003, with a team of 57 people. In April 2016, he was promoted from senior vice president to CEO of AWS.
He is the chairman of Rainier Prep, a charter school in Seattle, and has been outspoken in his criticism of rival company Oracle. In February 2021, it was announced that he will succeed Jeff Bezos as the CEO of Amazon in the third quarter of 2021, with Bezos transitioning to executive chairman. Bezos founded Amazon in 1994 and has since morphed the one-time online bookstore into a mega-retailer with global reach in a slew of different categories from gadgets to groceries to streaming.
Bezos said in a letter to employees, “I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. Andy is well-known inside the company and has been at Amazon for almost as long as I have. He will be an outstanding leader, and he has my full confidence.”
Andy Jassy Age
Jassy is 54 years old as of 2021. He was born Andrew R. Jassy on January 13, 1968, in the United States. He celebrates his birthday on the 13th of January every year.
Andy Jassy Height
Jassy stands at a height of 5 feet 9 inches.
Andy Jassy Family
Jassy is the son of Margery Jassy and Everett L. Jassy of Scarsdale, New York. His father served as a senior partner in the corporate law firm Dewey Ballantine in New York and chairman of the firm’s management committee. He is Jewish.
Andy Jassy Wife
Jassy is married to Elana Rochelle Caplan since 1997 and the couple is blessed with two children and lives in Seattle. His wife is a fashion designer for Eddie Bauer and a graduate of the Philadelphia College of Textiles and Science, at the Loews Santa Monica Beach Hotel. Both their fathers were senior partners in law firm Dewey Ballantine.
Andy Jassy Salary
In 2016, Andy earned $36.6 million. For his work as CEO of AWS in 2020, he earned a base compensation of $175,000, plus a restricted stock unit award of 4,023 shares (a value of $12,104,844.93 as of July 26, 2020) of Amazon with vesting beginning in 2023. Jassy additionally received a restricted stock unit award in April 2018 for 10,000 shares (a value 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.
Andy Jassy Net Worth
Jassy has an estimated net worth of $377 million as of 2021.
The table below answers some of the frequently asked questions about Jassy.
Who is Jassy? | He is an American businessman |
Age | 54 years old as of 2021 |
Height | 5 feet 9 inches |
Spouse | Elana Rochelle Caplan |
Salary | $36.6 million |
Net Worth | $377 million |