By now, you've probably read all the headlines and maybe even a few news stories about Jeff Bezos stepping down from his throne as CEO of Amazon to serve as its executive chairman instead.
Bezos released a letter explaining the move that I retained absolutely none of — mostly because I got bored halfway through. In it, he mentions that as executive chair, he'll "stay engaged in important Amazon initiatives" and intends "to focus [his] energies and attention on new products and early initiatives."
Of course, he left out the only tidbit of information I was interested in; the reason I read the letter to begin with: an explanation as to why he decided to make the switch. Read more...
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