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Jeff Bezos walks through a one-way door, opening a new age for Amazon

Amazon founder will now be executive chairman and hand over CEO role to Jassy later this year

Amazon Founder and CEO Jeff Bezos discusses his company's Fire smartphone at a news conference in Seattle, Washington, US
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Amazon Founder and CEO Jeff Bezos discusses his company's Fire smartphone at a news conference in Seattle, Washington, US

Brad Stone | Bloomberg
Jeff Bezos has a formulation about one-way doors and two-way doors—decisions that are irreversible and permanent and those that can always be unwound. Stepping through what’s almost certainly a one-way door on Tuesday, Bezos said he will resign as chief executive officer of Amazon.com Inc and become executive chairman later this year. He will hand day-to-day control to Andy Jassy, his longtime head of Amazon Web Services, a swiftly growing division that has almost singlehandedly changed the way companies buy the technology that powers their businesses.

With that comes at least a partial end to one of the most epic