AWS CEO Adam Selipsky Announces Departure

Matt Garman, a long-time Amazon executive, will take over as CEO of Amazon Web Services on June 3rd.

Adam Selipsky steps down after leading AWS through significant growth and innovation.
Matt Garman, with 18 years at AWS, is named the new CEO.
AWS reported a 17% revenue increase year-over-year in Q1 2024.
Amazon recently completed a $4 billion investment in AI startup Anthropic.
Selipsky plans to take time off before pursuing new opportunities.