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I get to work with the smartest, most talented, most ingenious teammates. Other large companies are coming our way.
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In both cases, we staked out leadership positions and then asked others to come along with us. Two high-impact examples: our $15 minimum wage and the Climate Pledge. I think you should be.Īs Amazon became large, we decided to use our scale and scope to lead on important social issues.
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I hope you are as proud of our inventiveness as I am. I don’t know of another company with an invention track record as good as Amazon’s, and I believe we are at our most inventive right now. And that yawn is the greatest compliment an inventor can receive. If you get it right, a few years after a surprising invention, the new thing has become normal. We pioneered customer reviews, 1-Click, personalized recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more. We’ve done crazy things together, and then made them normal. Today, we employ 1.3 million talented, dedicated people, serve hundreds of millions of customers and businesses, and are widely recognized as one of the most successful companies in the world. The question I was asked most frequently at that time was, “What’s the internet?” Blessedly, I haven’t had to explain that in a long while. Amazon was only an idea, and it had no name.
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He will be an outstanding leader, and he has my full confidence. Andy is well known inside the company and has been at Amazon almost as long as I have. In the Exec Chair role, I intend to focus my energies and attention on new products and early initiatives. I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO.