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Andy Jassy
CEO-elect at Amazon Inc; American businessman

Andrew R. Jassy (born January 13, 1968) is an American business executive who is the president and chief executive officer of Amazon. Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, Jassy had been the SVP and CEO of Amazon Web Services from 2003 to 2021.

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Early life and education

Jassy is the son of Margery and Everett L. Jassy of Scarsdale, New York.5 Of Jewish67 Hungarian ancestry,8 his father was a senior partner in the corporate law firm Dewey Ballantine in New York City, and chairman of the firm's management committee.9 Jassy grew up in Scarsdale, and attended Scarsdale High School,1011 where he played varsity soccer and tennis.12

Jassy graduated cum laude from Harvard College in government, where he was advertising manager of The Harvard Crimson, before earning an MBA from Harvard Business School. In 1989, he wrote in The Crimson that the newspaper should continue to publish advertisements from Eastern Air Lines, despite an ongoing labor dispute there.131415

Career

Jassy worked for five years after graduation before entering his MBA program as a project manager for a collectibles company, MBI, and then he and an MBI colleague started a company and closed it down.1617

Jassy joined Amazon as a marketing manager in 1997.18 In 2003, he and Jeff Bezos came up with the idea to create the cloud computing platform that became known as Amazon Web Services, which launched in 2006.19 Jassy headed it and its team of 57 people.20

In 2016, Jassy was named Person of the Year by the Financial Times.21 A month later, Jassy was promoted from senior vice president to chief executive officer of Amazon Web Services (AWS).2223 That year Jassy was paid $36.6 million.24

Jassy was a member of the National Security Commission on Artificial Intelligence (NSCAI) that was established in 2018 and issued its final report in March 2021.2526

In January 2021, Bezos designated Jassy his official successor as CEO;27 with the transition occurring on July 5, 2021.28 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.29

As of 2024, Jassy has been emphasizing the company's focus on artificial intelligence (AI).30 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.31

Personal life

In 1997, Jassy married Elana Rochelle Caplan, a fashion designer for Eddie Bauer and graduate of the Philadelphia College of Textiles and Science, at a Loews Hotel in Santa Monica, California.32 Their wedding was officiated by New York reform Rabbi James Brandt, a cousin of Elana.33 Both their fathers were senior partners in law firm Dewey Ballantine.34 Jassy and Caplan have two children.35

They live in the Capitol Hill neighborhood of Seattle in a 10,000-square-foot house bought in 2009 for $3.1 million.3637 In October 2020, it was reported that Jassy had bought a $6.7 million 5,500-square-foot house in Santa Monica.383940

He is chairman of Rainier Prep, a charter school in Seattle.41

References

  1. 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. https://www.seattletimes.com/business/amazon/as-incoming-amazon-ceo-andy-jassy-steps-into-the-limelight-a-portrait-of-a-leader-much-like-jeff-bezos-emerges/

  2. Weise, Karen (February 2, 2021). "Jeff Bezos to Step Down as Amazon C.E.O." The New York Times. https://www.nytimes.com/2021/02/02/technology/jeff-bezos-amazon.html

  3. Haselton, Todd (February 2, 2021). "Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3". CNBC. https://www.cnbc.com/2021/02/02/jeff-bezos-to-step-down-as-amazon-ceo-andy-jassy-to-take-over-in-q3.html

  4. 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. Retrieved February 3, 2021. https://www.businessinsider.com/andy-jassy-amazon-web-services-ceo-2021-1?IR=T

  5. "Elana Caplan And Andrew Jassy". The New York Times. August 24, 1997. ISSN 0362-4331. Archived from the original on February 3, 2021. Retrieved February 2, 2021. https://archive.today/20210203080100/https://www.nytimes.com/1997/08/24/style/elana-caplan-and-andrew-jassy.html

  6. "Amazon's Next CEO Andy Jassy Is Jewish". The Yeshiva World News. February 7, 2021. Archived from the original on February 15, 2021. Retrieved February 14, 2021. https://archive.today/20210215104523/https://www.theyeshivaworld.com/news/headlines-breaking-stories/1945868/amazons-next-ceo-andy-jassy-is-jewish.html

  7. "Amazon's next CEO Andy Jassy is Jewish". Jewish Telegraphic Agency. February 4, 2021. Retrieved February 5, 2021. https://www.jta.org/quick-reads/amazons-next-ceo-andy-jassy-is-jewish

  8. "Amazon's Next CEO Andy Jassy Is Jewish". The Yeshiva World News. February 7, 2021. Archived from the original on February 15, 2021. Retrieved February 14, 2021. https://archive.today/20210215104523/https://www.theyeshivaworld.com/news/headlines-breaking-stories/1945868/amazons-next-ceo-andy-jassy-is-jewish.html

  9. "Elana Caplan And Andrew Jassy". The New York Times. August 24, 1997. ISSN 0362-4331. Archived from the original on February 3, 2021. Retrieved February 2, 2021. https://archive.today/20210203080100/https://www.nytimes.com/1997/08/24/style/elana-caplan-and-andrew-jassy.html

  10. "Elana Caplan And Andrew Jassy". The New York Times. August 24, 1997. ISSN 0362-4331. Archived from the original on February 3, 2021. Retrieved February 2, 2021. https://archive.today/20210203080100/https://www.nytimes.com/1997/08/24/style/elana-caplan-and-andrew-jassy.html

  11. Fishman, Adrienne (September 11, 2014). "Amazon's Andy Jassy '86 to be interviewed by Dr. Hagerman on Tuesday at 8pm". scarsdale10583.com. Retrieved October 12, 2017. http://scarsdale10583.com/the-goods/4244-amazon-s-andy-jassy-86-to-be-interviewed-by-dr-hagerman-on-tuesday-at-8pm

  12. Tilley, Aaron (July 2, 2021). "Amazon Primed Andy Jassy to Be CEO. Can He Keep What Jeff Bezos Built?". Wall Street Journal. Retrieved July 12, 2021. https://www.wsj.com/articles/amazon-primed-andy-jassy-to-be-ceo-can-he-keep-what-jeff-bezos-built-11625218225

  13. "No Eds in Ads | Opinion | The Harvard Crimson". www.thecrimson.com. Retrieved April 14, 2022. https://www.thecrimson.com/article/1989/4/19/no-eds-in-ads-pbrbegardless-of/

  14. Hook, Leslie (March 17, 2016). "Person of the Year: Amazon Web Services' Andy Jassy". Financial Times. Archived from the original on February 5, 2021. Retrieved October 12, 2017. https://www.ft.com/content/a515eb7a-d0ef-11e5-831d-09f7778e7377

  15. "Andrew Jassy, Amazon.Com Inc: Profile & Biography". Bloomberg. Retrieved October 12, 2017. https://www.bloomberg.com/profiles/people/15111610-andrew-r-jassy

  16. Hook, Leslie (March 17, 2016). "Person of the Year: Amazon Web Services' Andy Jassy". Financial Times. Archived from the original on February 5, 2021. Retrieved October 12, 2017. https://www.ft.com/content/a515eb7a-d0ef-11e5-831d-09f7778e7377

  17. "Podcast - Forum for Growth & Innovation - Harvard Business School". www.hbs.edu. Archived from the original on February 4, 2021. Retrieved February 3, 2021. https://www.hbs.edu/forum-for-growth-and-innovation/podcasts/disruptive-voice/Pages/podcast-details.aspx?episode=15834284

  18. Tilley, Aaron (July 2, 2021). "Amazon Primed Andy Jassy to Be CEO. Can He Keep What Jeff Bezos Built?". Wall Street Journal. Retrieved July 12, 2021. https://www.wsj.com/articles/amazon-primed-andy-jassy-to-be-ceo-can-he-keep-what-jeff-bezos-built-11625218225

  19. Tilley, Aaron (February 2, 2021). "Who Is Andy Jassy? Jeff Bezos Acolyte Moves From Cloud to Amazon CEO". Wall Street Journal. Retrieved February 3, 2021. https://www.wsj.com/articles/who-is-andy-jassy-jeff-bezos-acolyte-moves-from-cloud-to-amazon-ceo-11612309443?mod=searchresults_pos6&page=1

  20. McLaughlin, Kevin (August 4, 2015). "Andy Jassy: Amazon's $6 Billion Man". CRN. Archived from the original on February 3, 2021. Retrieved October 12, 2017. http://www.crn.com/news/cloud/300077657/andy-jassy-amazons-6-billion-man.htm

  21. Hook, Leslie (March 17, 2016). "Person of the Year: Amazon Web Services' Andy Jassy". Financial Times. Archived from the original on February 5, 2021. Retrieved October 12, 2017. https://www.ft.com/content/a515eb7a-d0ef-11e5-831d-09f7778e7377

  22. Novet, Jordan (April 7, 2016). "Andy Jassy is finally named CEO of Amazon Web Services". VentureBeat. Archived from the original on February 3, 2021. Retrieved October 12, 2017. https://venturebeat.com/2016/04/07/andy-jassy-is-finally-named-ceo-of-amazon-web-services/

  23. "Andrew Jassy, Amazon.Com Inc: Profile & Biography". Bloomberg. Retrieved October 12, 2017. https://www.bloomberg.com/profiles/people/15111610-andrew-r-jassy

  24. Balakrishnan, Anita (April 12, 2017). "The most highly paid Amazon executive isn't the CEO — it's the head of cloud". CNBC. Retrieved October 12, 2017. https://www.cnbc.com/2017/04/12/aws-ceo-andrew-jassys-2016-pay-hits-35-6-million.html

  25. Simonite, Tom. "This Group Pushed More AI in US Security—and Boosted Big Tech". Wired. ISSN 1059-1028. Retrieved February 4, 2025. https://www.wired.com/story/group-pushed-ai-us-security-boosted-tech/

  26. 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. Retrieved February 4, 2025. https://www.cnbc.com/2021/03/02/us-not-prepared-to-defend-or-compete-in-ai-era-says-eric-schmidt-group.html

  27. Hartmans, Avery (November 23, 2021). "Jeff Bezos surprised Andy Jassy by picking him as Amazon CEO: VF". Business Insider. Retrieved June 3, 2022. https://www.businessinsider.com/jeff-bezos-choosing-andy-jassy-surprised-amazon-ceo-2021-11

  28. Palmer, Annie (July 5, 2022). "first year after succeeding Bezos as Amazon CEO". CNBC. Retrieved April 8, 2023. https://www.cnbc.com/2022/07/05/andy-jassy-just-wrapped-up-a-rocky-first-year-after-as-amazon-ceo.html

  29. Thorbecke, Catherine (April 1, 2022). "Amazon CEO Andy Jassy's total compensation package topped $212 million". CNN International. Retrieved April 4, 2022. https://edition.cnn.com/2022/04/01/tech/andy-jassy-amazon-ceo-pay/index.html

  30. "Exclusive: Amazon CEO Andy Jassy reveals AWS' strategy for building the enterprise AI platform". SiliconANGLE. December 5, 2024. Retrieved December 25, 2024. https://siliconangle.com/2024/12/05/exclusive-amazon-ceo-andy-jassy-reveals-aws-strategy-building-enterprise-ai-platform/

  31. Millward, Wade Tyler. "Amazon Q3 2024 Earnings: CEO Jassy Says AI 'Once In A Lifetime' Opportunity". www.crn.com. Retrieved December 25, 2024. https://www.crn.com/news/cloud/2024/amazon-q3-2024-earnings-ceo-jassy-says-ai-once-in-a-lifetime-opportunity

  32. "Elana Caplan And Andrew Jassy". The New York Times. August 24, 1997. ISSN 0362-4331. Archived from the original on February 3, 2021. Retrieved February 2, 2021. https://archive.today/20210203080100/https://www.nytimes.com/1997/08/24/style/elana-caplan-and-andrew-jassy.html

  33. "Meet Elana Rochelle Caplan, Amazon's next CEO Andy Jassy's fashion designer wife who loves traveling". meaww.com. February 3, 2021. Archived from the original on February 5, 2021. https://archive.today/20210205002707/https://meaww.com/who-is-elana-jassy-wife-of-andy-jassy-new-amazon-ceo-jeff-bezos-politcal-donation-travel-family

  34. "Elana Caplan And Andrew Jassy". The New York Times. August 24, 1997. ISSN 0362-4331. Archived from the original on February 3, 2021. Retrieved February 2, 2021. https://archive.today/20210203080100/https://www.nytimes.com/1997/08/24/style/elana-caplan-and-andrew-jassy.html

  35. Rao, Leena (June 28, 2015). "How Andy Jassy helped Amazon own the cloud". Fortune.com. Archived from the original on February 3, 2021. Retrieved February 23, 2021. https://archive.today/20210203192009/https://fortune.com/2015/06/28/andy-jassy-amazon-web-services/

  36. "Andy Jassy: Amazon Web Services (AWS) CEO". montgomerysummit. Archived from the original on February 23, 2021. Retrieved February 2, 2021. https://archive.today/20210223073917/https://www.montgomerysummit.com/speakers/andy-jassy/

  37. McClain, James (October 14, 2020). "Amazon Web Services CEO Andy Jassy Buys Prime Santa Monica Home". Archived from the original on February 23, 2021. https://archive.today/20210223074027/https://www.dirt.com/moguls/tech/amazon-andy-jassy-house-santa-monica-1203344910/

  38. Neilson, Susie (February 2, 2021). "Who is Andy Jassy, the Amazon exec who will replace Jeff Bezos as CEO?". San Francisco Chronicle. Archived from the original on February 23, 2021. https://archive.today/20210223074147/https://www.sfchronicle.com/business/article/Who-is-Andy-Jassy-the-Amazon-exec-who-will-15919346.php

  39. "Amazon's Andy Jassy Buys Santa Monica Home". The Real Deal Los Angeles. October 14, 2020. Archived from the original on February 4, 2021. https://archive.today/20210204165502/https://therealdeal.com/la/2020/10/14/a-top-amazon-exec-buys-in-santa-monica/

  40. McClain, James (October 14, 2020). "Amazon Web Services CEO Andy Jassy Buys Prime Santa Monica Home". Archived from the original on February 23, 2021. https://archive.today/20210223074027/https://www.dirt.com/moguls/tech/amazon-andy-jassy-house-santa-monica-1203344910/

  41. "Board". Rainier Prep. Retrieved October 12, 2017. http://www.rainierprep.org/board/