Current Events > Jeff Bezos is stepping down as Amazon's CEO

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Hexenherz
02/02/21 4:35:26 PM
#1:


https://www.cbsnews.com/news/jeff-bezos-steps-down-amazon-ceo/

crazy


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Squall28
02/02/21 4:36:51 PM
#2:


Amazon stock is up. Weird.


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HylianFox
02/02/21 4:37:30 PM
#3:


he already has more money than several gods...

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Master_Bass
02/02/21 4:38:33 PM
#4:


HylianFox posted...
he already has more money than several gods...
Yeah, if I were him I'd just swim in a pool of money all day or something.

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Hexenherz
02/02/21 4:38:39 PM
#5:


Squall28 posted...
Amazon stock is up. Weird.
all 1 of my amazon stock is up

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Damn_Underscore
02/02/21 4:38:50 PM
#6:


So what happens to his stock now? He cash out?

Or will he just choose the CEO from now on

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Nu_Titan
02/02/21 4:43:19 PM
#7:


Squall28 posted...
Amazon stock is up. Weird.

Not really moving much either way right now. Their earnings were crazy good for last quarter.

Guy replacing him was the head of AWS, which is where Amazon makes the most profit nowadays.

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CableZL
02/02/21 4:44:35 PM
#8:


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Tyranthraxus
02/02/21 4:44:52 PM
#9:


Damn_Underscore posted...
So what happens to his stock now? He cash out?

Or will he just choose the CEO from now on
He goes to the board of directors probably along with other primary stakeholders where they get to vote on when to throw the CEO under the bus because of their own incompetence.

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Solid Snake07
02/02/21 4:47:05 PM
#10:


That's.......unexpected

Damn_Underscore posted...
So what happens to his stock now? He cash out?

Or will he just choose the CEO from now on


He'll be a board member and keep most of his equity in the company

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EffectAndCause
02/02/21 4:50:22 PM
#11:


Does this really even mean anything?

I assume hes just as rich and powerful, just with less responsibility now.
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