#Aws ceo andy jassy net worth software
#Aws ceo andy jassy net worth plus

We have a lot more to invent for customers, and we have a very strong leadership team and group of builders to go make it happen. That’s going to substantially change in the coming years. Now that hes CEO of the whole company, Selipsky is in charge of the cloud operation. “Less than 5 percent of the global IT spend is in the cloud at this point. Adam Selipsky Source: Salesforce Andy Jassy ran AWS since its inception in 2006. “It’s easy to forget that AWS is still in the very early stages of what’s possible,” Jassy said in his email to employees. Selipsky will return to AWS on May 17, and he and Jassy will spend the weeks following transitioning together in their new roles before they officially take their new posts sometime in the third quarter.

Selipsky will take over a business that Jassy has shepherded into the industry’s largest cloud computing provider with a $51 billion annual revenue run rate with 28 percent year-over-year growth and a 32 percent market share.

#Aws ceo andy jassy net worth software

“The value of the company quadrupled in just a few years, Tableau transitioned through a fundamental business model change from perpetual licenses to subscription licensing, and the company was eventually acquired by Salesforce in 2019 in one of the largest software acquisitions in history,” Jassy said. Tableau experienced significant success during Selipsky’s tenure as CEO, Jassy said. “And, having been in such a senior role at AWS for 11 years, he knows our culture and business well.” “Adam brings strong judgment, customer obsession, team building, demand generation and CEO experience to an already very strong AWS leadership team,” Jassy said in an email to AWS employees announcing Selipsky’s appointment on Tuesday. Selipsky, an 11-year AWS veteran who was part of its initial launch team in 2006, left AWS in 2016 to lead fellow Seattle company Tableau, which specializes in visual data analytics.

#Aws ceo andy jassy net worth plus

The company was incorporated in 1994 and is headquartered in Seattle, Washington.Incoming Amazon Web Services CEO Adam Selipsky will return to AWS in May after a five-year absence during which he led Tableau Software and quadrupled its value in the three years leading up to its $15.7 billion acquisition by Salesforce in 2019.įounding AWS CEO Andy Jassy yesterday announced Selipsky would take his place when Jassy succeeds Jeff Bezos as CEO of parent company in the third quarter that starts in July. For his work as chief executive officer of Amazon Web Services, Jassy earned a base compensation of 175,000 in 2020, plus a restricted stock) of Amazon with vesting beginning in 2023. It serves consumers, sellers, developers, enterprises, content creators, and advertisers. Additionally, the company offers Amazon Prime, a membership program. Further, it provides compute, storage, database, analytics, machine learning, and other services, as well as fulfillment, advertising, and digital content subscriptions. In addition, the company offers programs that enable sellers to sell their products in its stores and programs that allow authors, musicians, filmmakers, Twitch streamers, skill and app developers, and others to publish and sell content. It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Rings, Blink, eero, and Echo and develops and produces media content. The company's products offered through its stores include merchandise and content purchased for resale and products offered by third-party sellers.

It operates through three segments: North America, International, and Amazon Web Services (AWS). engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally.