Amazon Web Services chief to step down, veteran named successor

The chief of the wildly profitable Amazon Web Services (AWS) cloud computing unit will step down next month after a three-year term. Adam Selipsky, 57, who is also a member of Amazon's team advising CEO, will leave the company on 3 June, according to an Amazon statement on Tuesday. He will be replaced by Matt Garman, a senior vice-president who has overseen sales and marketing at AWS. Selipsky has spent 14 years at AWS over two stints. He was the CEO of Tableau Software, a unit of Salesforce, from 2016 to 2021, when he was tapped to take over the division from Jassy, who had been appointed Amazon CEO. Under Selipsky's leadership, AWS saw rapid growth, doubling sales of 45.4bn from the year before his appointment to 90.8bn in 2023 and nearly doubling operating income to 24.6bn over that period.