Andy Jassy

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Andy Jassy
Born
Andrew R. Jassy

1967/1968 (age 51–52)[1]
Alma materHarvard University (AB, MBA)
OccupationBusinessman
TitleCEO, Amazon Web Services
Spouse(s)Elana Rochelle Caplan

Andrew R. Jassy (born 1967/68) is an American businessman, and the CEO of Amazon Web Services (AWS), Amazon's cloud computing business. He is also one of the minority owners of the Seattle Kraken of the National Hockey League.

Early life[edit]

Jassy is the son of Margery and Everett L. Jassy of Scarsdale, New York.[2] His father was a senior partner in the corporate law firm Dewey Ballantine in New York, and chairman of the firm's management committee.[2] Jassy grew up in Scarsdale and attended Scarsdale High School.[3] He is Jewish.[2]

Jassy earned a bachelor's degree from Harvard College, where he was advertising manager of The Harvard Crimson, followed by an MBA from Harvard Business School.[4][5]

Career[edit]

Jassy joined Amazon in 1997 as a marketing manager.[4] In 2003, he founded Amazon Web Services (AWS), with a team of 57 people.[6] In April 2016, Jassy was promoted from senior vice president to CEO of AWS.[7][5]

In 2016, Jassy earned $36.6 million.[8] In 2020, for his work as CEO of AWS, Jassy earned a base compensation of $175,000, plus a restricted stock unit award of 4,023 shares (a value of $12,104,844.93 as of 26 July 2020[9]) of Amazon with vesting beginning in 2023. He also received a restricted stock unit award in April 2018 for 10,000 shares (a value of $30,089,100 as of 26 July 2020[9]), which vest 37.5% in 2021, 12.5% in 2022, 37.5% in 2023, and 12.5% in 2024.[10]

Jassy has been outspoken in his criticism of rival company Oracle.[11]

Jassy is the chairman of Rainier Prep, a charter school in Seattle.[12]

Personal life[edit]

In 1997, Jassy married Elana Rochelle Caplan, a fashion designer.[2]

References[edit]

  1. ^ "Andrew R. Jassy, MBA". 4-traders.
  2. ^ a b c d "Elana Caplan And Andrew Jassy". The New York Times. 24 August 1997. Retrieved 12 October 2017.
  3. ^ Fishman, Adrienne (11 September 2014). "Amazon's Andy Jassy '86 to be interviewed by Dr. Hagerman on Tuesday at 8pm". scarsdale10583.com. Retrieved 12 October 2017.
  4. ^ a b Hook, Leslie (17 March 2016). "Person of the Year: Amazon Web Services' Andy Jassy". Financial Times. Retrieved 12 October 2017.
  5. ^ a b "Andrew Jassy, Amazon.Com Inc: Profile & Biography". Bloomberg. Retrieved 12 October 2017.
  6. ^ McLaughlin, Kevin (4 August 2015). "Andy Jassy: Amazon's $6 Billion Man". CRN. Retrieved 12 October 2017.
  7. ^ "Andy Jassy is finally named CEO of Amazon Web Services - VentureBeat". venturebeat.com. Retrieved 12 October 2017.
  8. ^ Balakrishnan, Anita (12 April 2017). "The most highly paid Amazon executive isn't the CEO — it's the head of cloud". CNBC. Retrieved 12 October 2017.
  9. ^ a b "Amazon.com, Inc. (AMZN)". Retrieved 26 July 2020.
  10. ^ "Notice of 2020 Annual Meeting of Shareholders & Proxy Statement" (PDF). 22 May 2020. Retrieved 26 July 2020.
  11. ^ Levy, Ari (19 April 2017). "Amazon cloud chief jabs Oracle over vendor lock-in: 'Customers are sick of it'". CNBC. Retrieved 12 October 2017.
  12. ^ "Board". Rainier Prep. Retrieved 12 October 2017.