Weekend edition—Bezos’s legacy, nursing home crisis, digital kittens

Spread the love

Good morning, readers!

In a few months, Jeff Bezos will step down as CEO of the sprawling empire that he founded nearly 27 years ago, taking on the role of executive chairman. Amazon is the fourth most valuable US company, as of this writing, the second largest US employer, and has had the second best performance of any stock since going public in 1997. More than any other company, it has taught the world to buy things online.

How will we remember the Bezos era? Tech analyst Ben Thompson has called him “arguably the greatest CEO in tech history,” and the financial data backs that up. Harvard Business Review’s CEO rankings put Bezos first in financial performance among S&P 1200 executives every year from 2014 to 2019. (The magazine did not publish a ranking in 2020.) But when it added social and environmental performance to its ranking in 2015, Bezos fell from first to 87th.

Read the rest of this story on qz.com. Become a member to get unlimited access to ’s journalism.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *