Amazon Web Services CEO Adam Selipsky to step down
Publishing timestamp: 2024-05-14 12:43:25
Summary
Adam Selipsky, CEO of Amazon's cloud computing business, will step down next month and be succeeded by Matt Garman. Selipsky cited a desire to spend more time with his family. Under Selipsky's leadership, AWS faced challenges with revenue growth and layoffs, but also made investments in AI services. Garman, a long-time Amazon employee, will take over as CEO of AWS.
Sentiment: NEUTRAL
Keywords: amazon.com inc, salesforce inc, microsoft corp, business news, internet, breaking news: technology,
Source: https://www.cnbc.com/2024/05/14/amazon-web-services-ceo-adam-selipsky-to-step-down.html