Jeff Bezos to Step Down as Amazon CEO in Q3

He will remain at the company as executive chairman

photo of jeff bezos talking at an event
In an email to employees, Bezos acknowledged the role is "a deep responsibility and it’s consuming." Mandel Ngan — AFP via Getty Images

After 27 years, Jeff Bezos, the entrepreneur who turned an online bookstore into one of the most powerful companies in the world, announced his plans to step down as Amazon CEO.

@lisalacy Lisa Lacy is Adweek's Commerce Editor.