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$Amazon.com(AMZN)$
Is Andy Jassy the Right CEO for whatlies ahead of Amazon? Amid one of the worst stretches for financial performance in Amazon’s history, the new CEO is working to cut back the excesses of an e-commerce operation the company expanded at breakneck pace during much of the Covid-19 pandemic
Andy Jassy spent years running one of the fastest-growing divisions in a company famed for its rapid expansion. Nearly a year after taking over as chief executive of Amazon.com Inc., he’s learning how to tap the brakes.
Mr. Jassy is tirelessly working to cut back the excesses of an e-commerce operation and at the same time, he’s trying to resuscitate languishing sales in the business.
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