What is an “executive chair,” and how is it different from a CEO?
Jeff Bezos announced this week he’ll be stepping down from his role as CEO of Amazon. Andy Jassy, the head of Amazon’s cloud computing division, will take over later this year. But Bezos isn’t leaving Amazon. In fact, he’ll become executive chairman. On today’s show: What’s the difference? Plus, the U.S. isn’t as innovative as it used to be — according to a Bloomberg ranking — and how one florist is prepping for Valentine’s Day this year.