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Jeff Bezos To Step Down As Amazon's CEO On July 5

"We chose that date because it's sentimental for me," Bezos said during an Amazon shareholder meeting Wednesday. He explained that it was exactly 27 years ago on that date in 1994 that Amazon was incorporated.

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#DISRUPTEXCLUSIVE: What is Rishi Vasudev’s Next Move?

On the condition of anonymity, sources tell BWBusinessworld that Vasudev has raised $20million for his next move. His next business is speculated to be in the lifestyle sector backed by leading investors like Tiger Global, Mayfield, and his former company Flipkart.

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Bata India Appoints Gunjan Shah As The New CEO

In his previous role, Gunjan was the Chief Commercial Officer at Britannia Industries. He spent the early stages of his career working with brands such as Asian Paints and Motorola before moving on to Britannia in 2007.

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