What Jeff Bezos Did on Previous Working day as Amazon CEO

The world’s richest person Jeff Bezos will soon depart his position as Amazon CEO immediately after 27 years at the company’s helm to emphasis on his other ventures, this sort of as place travel. His previous day is July 5. After that, he will be replaced by Andy Jassy, latest head of Amazon Net Products and services.

Bezos will transition to the purpose of executive chairman of Amazon’s board, meaning that he will even now have a say in key company decisions but no for a longer time be concerned in day-to-working day operations. 1 of his final functions as CEO is updating Amazon’s “leadership ideas,” a list of extra than a dozen tenets that information choice building and define business lifestyle.

On Thursday, Amazon declared two new additions on the present concepts: “Strive to be Earth’s Greatest Employer” and “Success and Scale Carry Wide Responsibility.”

The initial phone calls on leaders to “work every single working day to develop a safer, additional effective, bigger undertaking, much more varied, and far more just do the job setting,” Amazon says on its site. “Leaders request them selves: Are my fellow staff expanding? Are they empowered? Are they completely ready for what is up coming? Leaders have a vision for and determination to their employees’ individual results, no matter whether that be at Amazon or elsewhere.”

Amazon has normally confronted criticism on its harsh function environment, particularly all through the early months of the pandemic when e-commerce demand surged. This new basic principle in line with what Bezos laid out in his ultimate letter to shareholders earlier this 12 months, in which he acknowledged that Amazon wants to do a greater career for staff.

The next new theory, “Success and Scale Convey Broad Accountability,” calls on Amazon to take much more social duties as the world’s premier on the web retailer and cloud computing enterprise.

“We begun in a garage, but we’re not there any more,” says the corporation internet site. “We are major, we impression the entire world, and we are considerably from ideal. We ought to be humble and considerate about even the secondary results of our actions.”

Amazon now has 16 leadership principles, including early ones like buyer obsession, ownership, consider large and frugality, amid many others. The last time Amazon up-to-date the listing was in 2015 when it additional “Learn and Be Curious.”