Andy Jassy Biography
Andrew R. Jassy is an American businessman and the CEO of Amazon Web Services (AWS). He is also one of the minority owners of the Seattle Kraken of thee National Hockey League. Jassy has led AWS since its inception in 2003. Jasssy will replace Jeff Bezos as CEO of Amazon in the third quarter of 2021; Bezos will become executive chairman. The CEO of AWS is also the chairman of Rainier prep, a charter school in Seattle.
How old is Andy Jassy? – Age
The CEO of AWS is 53 years old as of January 2021.He was born on January 13, 1968 in Scarsdale in New York.
Andy Jassy Family
Jassy is the son of Margery and Everett L. Jassy of Scarsdale in New York. He is Jewish with Hungarian ancestry. His father was a senior partner in the corporate law firm Dewey Ballantine in New York, and chairman of the firm’s management committee. Jassy grew up in Scarsdale, and attended Scarsdale High school.
Andy Jassy Marriage – Wife
Jassy married in 1997. He married Elana Rochelle Caplan, a fashion designer for Eddie Bauer and graduate of the Philadelphia college of Textiles and science, at the Loews Santa Monica Beach Hotel. Their wedding ws officiated by New York Rabbi James Brandt, a cousin of Elena. Both their fathers were senior partners in law firm Dewey Ballantine. They have two children.
They live in the Capitol Hill neighborhood of Seattle, in a 10,000-square-foot house bought in 2009 for $3.1 million. In October 2020, it was reported that Jassy had bought a $6.7 million 5,500-square-foot house in Santa Monica, California, close to Bezos’ $165 million home in Beverly Hills.
Andy Jassy CEO of AWS
The CEO of AWS worked for 5 years after graduation before doing his MBA. He worked as a project manager for a collectibles company, MBI colleague started a company and closed it down. He later joined Amazon in 1997, with several other Harvard MBA colleagues. His early roles included marketing manager. In 2003, he and Jeff Bezos came up with the idea to create the cloud computing platform that would become known as Amazon Web Services (AWS), which launched in 2006.
The CEO of AWS headed AWS and its team of 57 people. In April 2016, Jassy was promoted from senior vice president to CEO of AWS. In 2016, he earned $36.6 million. In 2020, for his work as CEO of AWS, he earned a base compensation of $175,000, plus a restricted stock unit award of 4,023 shares of Amazon with vesting beginning in 2023. He also received a restricted stock unit award in April 2018 for 10,000 shares, which vest 37.5% in 2021, 12.5% in 2022, 37.5% in 2023 and 12.5% in 2024.
In April 2017, the CEO of AWS criticized rival Oracle’s database business, claiming that “it has been a lonely place for customers” due to their high prices and Vendor lock-in. On February 2, 2021, it was announced that Jassy will succeed Jeff Bezos as the CEO of Amazon sometime in the third quarter of 2021, wiyh Bezos transitioning to executive chairman.
Andy Jassy Net worth
The CEO of Amazon Web Services has a estimated net worth of $377 million in November year 2020.