Correction: Jeff Bezos' Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp

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Correction: Jeff Bezos' Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
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Jeff Bezos’ Blue Origin will replace CEO Bob Smith with outgoing Amazon exec Dave Limp, CNBC has learned.

Read Bezos' message to Blue Origin employees on Monday:

Before I provide some background on Dave, I'd like to take the time to recognize Bob and the significant growth and transformation we've experienced during his tenure. Under Bob's leadership, Blue has grown to several billion dollars in sales orders, with a substantial backlog for our vehicles and engines. Our team has increased from 850 people when Bob joined to more than 10,000 today.

I've worked closely with Dave for many years. He is the right leader at the right time for Blue. Dave joins us after almost 14 years at Amazon, where he most recently served as senior vice president of Amazon Devices and Services, leading Kuiper, Kindle, Alexa, Zoox, and many other businesses. Before Amazon, Dave had roles at other high-tech companies, including Palm and Apple.

With pride and satisfaction in all that we've accomplished, I'm announcing that effective December 4, I will be stepping aside as Chief Executive Officer of Blue Origin. I will remain with Blue until January 2 to ensure a smooth transition with the new CEO.

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