Huge challenge for new Amazon boss as Bezos formally steps aside

Andy Jassy, Jeff Bezos' successor, is faced with fending off antitrust complaints, increased competition from other major US companies and a unionisation drive from workers

Jeff Bezos' successor as Amazon CEO faces huge challenges.

Amazon.com has formally got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos.

Mr Bezos incorporated Amazon exactly 27 years ago. The internet bookseller he founded out of a garage has morphed into a purveyor of virtually any consumer good, online and in physical stores.