What are Andy Jassy’s top priorities as Amazon’s new CEO? – TechCrunch

It is not easy after a larger-than-life founder and CEO of an iconic company, but that’s what former AWS CEO Andy Jassy faces this week as he succeeds Jeff Bezos, who occupies the position of executive chairman. Jassy faces a myriad of challenges as he becomes the big boss of the # 2 Fortune 500 company.

How he handles these challenges will define his tenure as the head of the online retail giant. We asked several analysts to identify the main issues he will need to address in his new role.

Ensure a smooth transition

Managing this transition smoothly and showing investors and the rest of the world that it’s business as usual at Amazon is going to be a big priority for Jassy, ​​said Robin Ody, analyst at Canalys. He said it was no different from what Satya Nadella faced when he took charge of Microsoft in 2014.

Managing the transition smoothly and showing investors and the rest of the world that it’s business as usual at Amazon is going to be a big priority for Jassy.

“The biggest task is that you follow Jeff Bezos, so his primary problem will be stability and continuity.… The eyes of the world are on this succession. So managing this, I think, is the big deal and would be for all. person in the same position, ”Ody said.

Forrester analyst Sucharita Kodali said Jassy’s biggest job is just keeping the income train rolling. “I think the biggest job ahead is to build on the momentum the company has had over the past few years. He has to make sure they don’t lose him. If he does, I mean, he will win, ”she said.

Maintain business growth

As an online retailer, the company flourished during COVID, generating $ 386 billion in revenue in 2020, up more than $ 100 billion from the previous year. As Jassy takes over and things return to something more normal, will he be able to keep the revenue pedal to metal?

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