Adam Selipsky, the CEO of Amazon Web Services (AWS), is stepping down from his role, confirmed by Amazon PR to TechCrunch. In a memo shared internally by Amazon CEO Andy Jassy and published on the company’s blog, it was announced that AWS sales chief Matt Garman will be promoted to CEO, effective June 3.
Selipsky, who was one of the first VPs hired at AWS in 2005, spent 11 years leading AWS sales, marketing, and support before leaving to become the CEO of Tableau. He returned to AWS in 2021 to lead the division. Garman, who joined AWS in 2006 as one of the first product managers, previously headed the EC2 cloud computing initiative and eventually became the general manager of all AWS compute services in 2016.
Under Selipsky’s leadership, AWS missed out on opportunities in generative AI, including unveiling its own generative AI model and investing in leading AI startups like Cohere and Anthropic. Despite this, Jassy praised Selipsky for his leadership during the pandemic and for making decisions to help customers become more efficient in their spending.
Jassy highlighted Selipsky’s accomplishments, noting that AWS reached a $100 billion annual revenue run rate in the past quarter, with year-over-year revenue accelerating. He expressed appreciation for Selipsky’s leadership and the team’s dedication to delivering for customers and the business.
The transition from Selipsky to Garman as CEO of AWS marks a significant change in leadership for the cloud computing giant, with Garman set to take the reins and lead the company into its next chapter.