“Tableau Software CEO Adam Selipsky will be the new CEO of Amazon Web Services, replacing Andy Jassy, who will take over as Amazon’s CEO later this year.
Selipsky is a familiar face at Amazon as a former AWS executive who spent 11 years at the Seattle-based tech giant. He left to join Tableau as CEO in 2016…”
“The good news is that Selipsky and Jassy have worked so closely together, which led Seattle venture capitalist and close Amazon watcher Matt McIlwain to call this the ‘perfect move.’
The reason that was so important is because AWS is a behemoth, with $45 billion in annual revenue and representing 63% of the company’s operating profit. If AWS — which helps power the businesses of Netflix, Epic Games and Airbnb — were a standalone entity, it would be one of largest companies in the U.S. with estimates that its market value could top $500 billion.
But beyond its massive scale, McIlwain also said Jassy needed a leader in the role he could trust with both historical perspective and a vision for where the unit is headed.
In other words, Jassy had to feel confident he could ‘sufficiently let go of AWS,’ noted McIlwain…”
“The experience leading a company like Tableau — while still being firmly rooted in the leadership principles of Amazon — will serve Selipsky well, said McIlwain. He noted that Selipsky was able to get a unique view into cloud-based applications and their importance under the direction of Salesforce CEO Marc Benioff. Cloud-based applications that allow organizations to work more efficiently is an area where Amazon has not historically shown strength, but could be part of AWS’ next frontier…” Read the full article here.
Source: Tableau CEO Adam Selipsky will return to Amazon Web Services as CEO, replacing Andy Jassy – By Taylor Soper and John Cook, March 23, 2021. GeekWire.