AWS is one of Amazon's most profitable businesses, and a major player in cloud computing.
Share on linkedin Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images, who's led the unit since 2021, will step down June 3, the company announced on Tuesday.AWS is one of Amazon 's most profitable businesses, accounting for more than 6o% of the company's operating income last quarter.Selipsky is a 14-year Amazon veteran who was tapped for the AWS role after Andy Jassy took over the top job from Jeff Bezos.
Matt Garman, an 18-year veteran within AWS, will take over the mammoth cloud operation. He most recently led its sales and marketing efforts.The cloud-computing unit has gotten a major boost from the explosion in generative AI.Data: Amazon; Chart: Axios Visuals In reporting earnings at the end of April, Jassy suggested the business had turned a corner from the last few years of customers puling back on new spending, saying "we think the lion's share of the cost optimization is behind us."Matt has an unusually strong set of skills and experiences for his new role," Jassy"Matt knows our customers and business as well as anybody in the world, and has senior leadership experience on both the product and demand generation sides.
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