5 Big Things To Know About AWS’ New CEO Adam Selipsky
The 11-year AWS veteran and current Tableau Software CEO will replace Andy Jassy when Jassy succeeds Jeff Bezos as CEO of parent company Amazon.com.
Incoming Amazon Web Services CEO Adam Selipsky will return to AWS in May after a five-year absence during which he led Tableau Software and quadrupled its value in the three years leading up to its $15.7 billion acquisition by Salesforce in 2019.
Founding AWS CEO Andy Jassy yesterday announced Selipsky would take his place when Jassy succeeds Jeff Bezos as CEO of parent company Amazon.com in the third quarter that starts in July.
Selipsky, an 11-year AWS veteran who was part of its initial launch team in 2006, left AWS in 2016 to lead fellow Seattle company Tableau, which specializes in visual data analytics.
“Adam brings strong judgment, customer obsession, team building, demand generation and CEO experience to an already very strong AWS leadership team,” Jassy said in an email to AWS employees announcing Selipsky’s appointment on Tuesday. “And, having been in such a senior role at AWS for 11 years, he knows our culture and business well.”
Tableau experienced significant success during Selipsky’s tenure as CEO, Jassy said.
“The value of the company quadrupled in just a few years, Tableau transitioned through a fundamental business model change from perpetual licenses to subscription licensing, and the company was eventually acquired by Salesforce in 2019 in one of the largest software acquisitions in history,” Jassy said.
Selipsky will take over a business that Jassy has shepherded into the industry’s largest cloud computing provider with a $51 billion annual revenue run rate with 28 percent year-over-year growth and a 32 percent market share.
Selipsky will return to AWS on May 17, and he and Jassy will spend the weeks following transitioning together in their new roles before they officially take their new posts sometime in the third quarter.
“It’s easy to forget that AWS is still in the very early stages of what’s possible,” Jassy said in his email to employees. “Less than 5 percent of the global IT spend is in the cloud at this point. That’s going to substantially change in the coming years. We have a lot more to invent for customers, and we have a very strong leadership team and group of builders to go make it happen. Am excited for what lies ahead.”
Here are five things to know about Selipsky.