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Retail appointments of the week

Amazon CEO Jeff Bezos to step down, Andy Jassy to step up Amazon’s chief executive Jeff Bezos will step down from his post later this year, turning his role over to the company’s top cloud executive Andy Jassy. Meanwhile, Bezos will transition to executive chairman of Amazon’s board.  Jassy, who joined Amazon in 1997, has led Amazon’s Web Services (AWS) cloud team since its inception. AWS drives much of Amazon’s profit. In October 2020, about 52 per cent of Amazon’s operating income