Jeff Bezos to step down: Who is Andy Jassy?

"He will be an outstanding leader, and he has my full confidence."

In an additional statement, he said it was the "optimal time" for Mr Jassy's accession to CEO.

He said: “Amazon is what it is because of invention. We do crazy things together and then make them normal.

"We pioneered customer reviews, 1-Click, personalised recommendations, Prime’s insanely-fast shipping, Just Walk Out shopping, the Climate Pledge, Kindle, Alexa, marketplace, infrastructure cloud computing, Career Choice, and much more."

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