Martin will become interim executive chair from September until a successor to CEO Matthew Gregory is appointed.
Jassy, who Bezos describes as “an outstanding leader”, is a longstanding Amazon executive and former CEO of Amazon Web Services.
Former executive chairman Bob Mackenzie brings a wrongful dismissal claim against the AA, following his gross misconduct dismissal last year—a move that has dumbfounded the organisation.
Figures reveal that companies in France have moved to combines the roles of chairman and chief executive, in contradiction to trends elsewhere.
World’s most iconic maker of construction equipment is to separate the top boardroom positions.
Chairman departs and chief executive steps up to head “property and strategy”.