He has already been doing the job, more or less, since he founded AWS in 2003 with a team of 57 people and has presided over the most dominant cloud business in the world, with more than a million customers in 190 countries.
Jassy’s promotion, which Amazon announced in a blog post comes after CEO Jeff Bezos revealed in his annual letter to shareholders earlier this week that AWS is on track to reach $10 billion in sales this fiscal year.
Bezos said in the letter that AWS is larger and growing faster than Amazon itself was after its first decade in business. He also pointed to AWS’ addition of 722 “significant” new features and services in 2015 — 40 percent more than it added in 2014 — as evidence that AWS is innovating faster than any other cloud vendor.
AWS, along with Amazon Prime and Marketplace, are examples of big bets the company has made that have paid off. Jeff Wilke, senior vice president of Amazon’s consumer business and the executive in charge of those units, has also been promoted to the title of CEO Worldwide Consumer, Bezos said.