Jeff Bezos to Step Aside as CEO of Amazon and Become Executive Chairman

[engine]

Jeff Bezos is to step aside as CEO of Amazon and become executive chairman in the second half of 2021, Andy Jassy, who currently leads Amazon's cloud computing business, becoming CEO.

[bbc.co.uk...]

It's Q4 and year end results were out today and it'll come as no surprise at the growth rate.

Net sales increased 44% to $125.6 billion in the fourth quarter, compared with $87.4 billion in fourth quarter 2019.

Year end.

Net sales increased 38% to $386.1 billion, compared with $280.5 billion in 2019.

[ir.aboutamazon.com...]

[lucy24]

step aside as CEO of Amazon and become executive chairman

I don’t speak Corporate. Does “executive chairman” means he gets paid the same but only has to do half as much work?