American business executive (born 1968)
Andrew R. Jassy (born January 13, 1968)[ 5] is an American business executive who is the president and chief executive officer ofAmazon . Before being appointed byJeff Bezos and the Amazon board during the fourth quarter of 2020,[ 6] [ 7] Jassy had been the SVP and CEO ofAmazon Web Services from 2003 to 2021.[ 8]
Early life and education [ edit ] Jassy is the son of Margery and Everett L. Jassy ofScarsdale, New York .[ 3] Of Jewish[ 9] [ 10] Hungarian ancestry,[ 9] his father was a senior partner in thecorporate law firmDewey Ballantine in New York City, and chairman of the firm's management committee.[ 3] Jassy grew up inScarsdale , and attendedScarsdale High School ,[ 3] [ 11] where he played varsity soccer and tennis.[ 12]
Jassy graduatedcum laude fromHarvard College in government, where he was advertising manager ofThe Harvard Crimson , before earning an MBA fromHarvard Business School . In 1989, he wrote inThe Crimson that the newspaper should continue to publish advertisements fromEastern Air Lines , despite an ongoinglabor dispute there.[ 13] [ 14] [ 15]
Jassy worked for five years after graduation before entering his MBA program as a project manager for acollectibles company,MBI , and then he and an MBI colleague started a company and closed it down.[ 14] [ 16]
Jassy joined Amazon as a marketing manager in 1997.[ 12] In 2003, he andJeff Bezos came up with the idea to create thecloud computing platform that became known asAmazon Web Services , which launched in 2006.[ 17] Jassy headed it and its team of 57 people.[ 1]
Jassy in 2016 In 2016, Jassy was named Person of the Year by theFinancial Times .[ 14] A month later, Jassy was promoted from senior vice president to chief executive officer of Amazon Web Services (AWS).[ 18] [ 15] That year Jassy was paid $36.6 million.[ 19]
Jassy was a member of theNational Security Commission on Artificial Intelligence (NSCAI) that was established in 2018 and issued its final report in March 2021.[ 20] [ 21]
In January 2021, Bezos designated Jassy his official successor as CEO;[ 22] with the transition occurring on July 5, 2021.[ 23] As CEO of Amazon, Jassy received a ten year pay package totaling $212.7 million. The majority of the compensation package is in stock and vests over 10 years.[ 24]
As of 2024, Jassy has been emphasizing the company's focus on artificial intelligence (AI).[ 25] The company announced plans to spend more than $75 billion on capital expenditures in 2025, with most of that investment directed towards AWS and generative AI.[ 26]
In 1997, Jassy married Elana Rochelle Caplan, a fashion designer forEddie Bauer and graduate of thePhiladelphia College of Textiles and Science , at aLoews Hotel inSanta Monica, California .[ 3] Their wedding was officiated by New York reform Rabbi James Brandt, a cousin of Elana.[ 27] Both their fathers were senior partners in law firmDewey Ballantine .[ 3] Jassy and Caplan have two children.[ 4]
They live in theCapitol Hill neighborhood ofSeattle in a 10,000-square-foot house bought in 2009 for $3.1 million.[ 2] [ 28] In October 2020, it was reported that Jassy had bought a $6.7 million 5,500-square-foot house in Santa Monica.[ 29] [ 30] [ 28]
He is chairman of Rainier Prep, acharter school in Seattle.[ 31]
^a b McLaughlin, Kevin (August 4, 2015)."Andy Jassy: Amazon's $6 Billion Man" .CRN .Archived from the original on February 3, 2021. RetrievedOctober 12, 2017 . ^a b "Andy Jassy: Amazon Web Services (AWS) CEO" .montgomerysummit . Archived fromthe original on February 23, 2021. RetrievedFebruary 2, 2021 .^a b c d e f "Elana Caplan And Andrew Jassy" .The New York Times . August 24, 1997.ISSN 0362-4331 . Archived fromthe original on February 3, 2021. RetrievedFebruary 2, 2021 .^a b Rao, Leena (June 28, 2015)."How Andy Jassy helped Amazon own the cloud" .Fortune.com . Archived fromthe original on February 3, 2021. RetrievedFebruary 23, 2021 . ^ Long, Katherine Anne (February 6, 2021)."As incoming Amazon CEO Andy Jassy steps into the limelight, a portrait of a leader much like Jeff Bezos emerges" .The Seattle Times .Archived from the original on March 24, 2024. ^ Weise, Karen (February 2, 2021)."Jeff Bezos to Step Down as Amazon C.E.O." The New York Times . ^ Haselton, Todd (February 2, 2021)."Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3" .CNBC . ^ Eugene, Kim; Stewart, Ashley (January 31, 2021)."Andy Jassy will be the next CEO of Amazon. Insiders dish on what it's like to work for Jeff Bezos' successor who built AWS into a $40 billion business" .Business Insider .Archived from the original on February 2, 2021. RetrievedFebruary 3, 2021 . ^a b "Amazon's Next CEO Andy Jassy Is Jewish" .The Yeshiva World News . February 7, 2021. Archived fromthe original on February 15, 2021. RetrievedFebruary 14, 2021 .^ "Amazon's next CEO Andy Jassy is Jewish" .Jewish Telegraphic Agency . February 4, 2021. RetrievedFebruary 5, 2021 .^ Fishman, Adrienne (September 11, 2014)."Amazon's Andy Jassy '86 to be interviewed by Dr. Hagerman on Tuesday at 8pm" .scarsdale10583.com . RetrievedOctober 12, 2017 . ^a b Tilley, Aaron (July 2, 2021)."Amazon Primed Andy Jassy to Be CEO. Can He Keep What Jeff Bezos Built?" .Wall Street Journal . RetrievedJuly 12, 2021 . ^ "No Eds in Ads | Opinion | The Harvard Crimson" .www.thecrimson.com . RetrievedApril 14, 2022 .^a b c Hook, Leslie (March 17, 2016)."Person of the Year: Amazon Web Services' Andy Jassy" .Financial Times .Archived from the original on February 5, 2021. RetrievedOctober 12, 2017 . ^a b "Andrew Jassy, Amazon.Com Inc: Profile & Biography" .Bloomberg . RetrievedOctober 12, 2017 .^ "Podcast - Forum for Growth & Innovation - Harvard Business School" .www.hbs.edu .Archived from the original on February 4, 2021. RetrievedFebruary 3, 2021 .^ Tilley, Aaron (February 2, 2021)."Who Is Andy Jassy? Jeff Bezos Acolyte Moves From Cloud to Amazon CEO" .Wall Street Journal . RetrievedFebruary 3, 2021 . ^ Novet, Jordan (April 7, 2016)."Andy Jassy is finally named CEO of Amazon Web Services" .VentureBeat .Archived from the original on February 3, 2021. RetrievedOctober 12, 2017 . ^ Balakrishnan, Anita (April 12, 2017)."The most highly paid Amazon executive isn't the CEO — it's the head of cloud" . CNBC. RetrievedOctober 12, 2017 . ^ Simonite, Tom."This Group Pushed More AI in US Security—and Boosted Big Tech" .Wired .ISSN 1059-1028 . RetrievedFebruary 4, 2025 . ^ Shead, Sam (March 2, 2021)."U.S. is 'not prepared to defend or compete in the A.I. era,' says expert group chaired by Eric Schmidt" .CNBC . RetrievedFebruary 4, 2025 . ^ Hartmans, Avery (November 23, 2021)."Jeff Bezos surprised Andy Jassy by picking him as Amazon CEO: VF" .Business Insider . RetrievedJune 3, 2022 . ^ Palmer, Annie (July 5, 2022)."first year after succeeding Bezos as Amazon CEO" .CNBC . RetrievedApril 8, 2023 . ^ Thorbecke, Catherine (April 1, 2022)."Amazon CEO Andy Jassy's total compensation package topped $212 million" .CNN International . RetrievedApril 4, 2022 . ^ "Exclusive: Amazon CEO Andy Jassy reveals AWS' strategy for building the enterprise AI platform" .SiliconANGLE . December 5, 2024. RetrievedDecember 25, 2024 .^ Millward, Wade Tyler."Amazon Q3 2024 Earnings: CEO Jassy Says AI 'Once In A Lifetime' Opportunity" .www.crn.com . RetrievedDecember 25, 2024 . ^ "Meet Elana Rochelle Caplan, Amazon's next CEO Andy Jassy's fashion designer wife who loves traveling" .meaww.com . February 3, 2021. Archived fromthe original on February 5, 2021.^a b McClain, James (October 14, 2020)."Amazon Web Services CEO Andy Jassy Buys Prime Santa Monica Home" . Archived fromthe original on February 23, 2021. ^ Neilson, Susie (February 2, 2021)."Who is Andy Jassy, the Amazon exec who will replace Jeff Bezos as CEO?" .San Francisco Chronicle . Archived fromthe original on February 23, 2021. ^ "Amazon's Andy Jassy Buys Santa Monica Home" .The Real Deal Los Angeles . October 14, 2020. Archived fromthe original on February 4, 2021.^ "Board" . Rainier Prep. RetrievedOctober 12, 2017 .
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