New Amazon AMZN CEO Andy Jassy previously served as an executive under former Amazon CEO Jeff Bezos and has been credited with the growth of Amazon’s cloud platform.
Here are some of the biggest challenges that the new Amazon CEO will be facing in his first week on the job.
Jassy's First Week On the Job:
- Federal Trade Commission: Newly appointed FTC Chair Lina Khan is expected to put pressure on monopolizing companies like Amazon.
- Competition: Walmart has developed into the main competitor for Amazon.
- Labor Relations: Amazon is facing at least 37 charges filed to the National Labor Relations Board, according to NBC News.
Watch the video or read more about Amazon's new CEO from TheStreet's Daniel Martins: A Look At The New Amazon Without CEO Jeff Bezos