Matt Garman will become the new CEO of Amazon Web Services as Adam Selipsky is stepping down. Garman takes over June 3.

The Verge first published the memo from Jassy to AWS. Sources confirmed the report is accurate with more to come from the company shortly.

Amazon published the memos from Jassy, Selipsky and Garman.

Garman currently is Senior Vice President of AWS Sales, Marketing and Global Services. Previously, he was Vice President of AWS Compute Services.

Selipsky was one of the first vice presidents at AWS in 2005, spent 11 years there and then left to become CEO of Tableau. When Andy Jassy took over as CEO of Amazon, Selipsky returned to run AWS.

In his staff email, Jassy said when Selipsky returned it was expected that he'd lead for a few years and develop the bench of executive talent.

AWS has seen customers optimize their cloud spending and manage through generative AI. With the launch of Amazon Q and the uptake of Amazon Bedrock, AWS is on a good trajectory and $100 billion revenue run rate.

AWS annual revenue run rate hits $100 billion as growth accelerates | Constellation ShortList™ Global IaaS for Next-Gen Applications | Constellation ShortList™ Artificial Intelligence and Machine Learning Cloud Platforms

Constellation Research CEO Ray Wang said:

"Adam played a key role in Andy Jassy’s transition to CEO of overall Amazon.  The current morale has not been the best, and customers’ expectations remain high as we enter an Age of AI. This sets Matt Garman up to be in a good place to take AWS to the next level."


Business Research Themes