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AWS CEO Adam Selipsky Announces Departure

Matt Garman, a long-time Amazon executive, will take over as CEO of Amazon Web Services on June 3rd.

LAS VEGAS, NEVADA - NOVEMBER 28: Amazon Web Services (AWS) CEO Adam Selipsky delivers a keynote address during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on November 28, 2023 in Las Vegas, Nevada.
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The logo of Amazon Web Services AWS is seen on the opening day of the Integrated Systems Europe (ISE) audiovisual and systems integration exhibition in Barcelona on January 31, 2023.

Overview

  • Adam Selipsky steps down after leading AWS through significant growth and innovation.
  • Matt Garman, with 18 years at AWS, is named the new CEO.
  • AWS reported a 17% revenue increase year-over-year in Q1 2024.
  • Amazon recently completed a $4 billion investment in AI startup Anthropic.
  • Selipsky plans to take time off before pursuing new opportunities.