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Amazon Web Services CEO stepping down

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The CEO of Amazon Web Services is stepping down.

Adam Selipsky plans to exit the role in June. Matt Garman, senior vice president at AWS, is slated to succeed Selipsky.

"Given the state of the business and the leadership team, now is an appropriate moment for me to make this transition, and to take the opportunity to spend more time with family for a while, recharge a bit and create some mental free space to reflect and consider the possibilities," Selipsky said.

Read more from Quartz.


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