Matt Garman Net Worth – CEO of Amazon Web Servies (AWS)

Matt Garman is the third and current chief executive officer (CEO) of Amazon Web Services (AWS). Garman became the CEO after Adam Selipsky stepped down from the position in June 2024. He joined Amazon for an internship when he was in business school. A year later, he joined AWS full-time as a product manager. As the product manager, Garman wrote product detail pages, developed pricing plans, ran product naming meetings, and everything else needed. 

And now Matt Garman is the CEO of the company, which generates around $100 billion in revenue. From an intern to CEO, Garman’s journey has been nothing but incredible. 

This article will look into Matt Garman’s net worth, education, career, and more. 

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Matt Garman Net Worth

Unfortunately, there is no credible source of information detailing Matt Garman’s net worth. We will update this section as soon as we get our hands on some reliable info. 

However, what is worth noting is that Adam Selipsky’s (Garman’s predecessor) compensation was around $40 million. As the CEO of AWS, Selipsky was one of the highest-paid executives in the cloud computing biz. 

So, based on the above facts, it would not be an understatement to believe that Matt Garman’s compensation as the new CEO of AWS could potentially be in a similar range. 

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Education

Matt Garman pursued a Bachelor of Science (BS) in Industrial Engineering from Stanford University. He completed his bachelor’s degree in 1998. Following this, he continued his studies at Stanford, earning a Master of Science (MS) in Industrial Engineering in 1999.

A few years later, Garman furthered his education at Northwestern University’s Kellogg School of Management. There, he completed his Master of Business Administration (MBA) in June 2006, solidifying his expertise in management and business leadership.

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Career

Matt Garman’s career in the tech world began as a Product Manager at Riffage in 1999. After working there for a year, he joined SideStep in 2001 as Director of Product Management.

In 2005, he joined Amazon as an intern. A year later, he started as a Principal Product Manager and Senior Manager of Software Development for AWS EC2. During this time, Garman helped develop key products, including Amazon Elastic Block Store (EBS). He advanced to the role of Director/General Manager for Amazon EC2 in October 2009, overseeing its growth and scale for over three years.

In January 2013, Garman became Vice President of AWS Compute Services, where he led the Compute Services division for more than seven years, helping to expand its portfolio and enhance its services. By January 2020, he was appointed Senior Vice President of AWS Sales, Marketing, and Global Services, playing a pivotal role in AWS’s go-to-market strategy and customer engagement efforts. During this time, Garman demonstrated a customer-centric approach, emphasizing deep understanding and innovative problem-solving for AWS clients.

In June 2024, Garman was appointed Chief Executive Officer of AWS, becoming the third CEO of the division, following in the footsteps of Andy Jassy and Adam Selipsky. His leadership philosophy focuses on removing blockers for his teams, fostering innovation, and ensuring AWS maintains its commitment to security and operational excellence. 

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Latest Updates

Matt Garman, the new head of Amazon Web Services (AWS), wants AWS to stay ahead in technology. He is focusing on areas like startups, developers, and artificial intelligence (AI). AWS is working on a platform called Bedrock to make AI easier to use. Garman also aims to reduce costs and continue innovating, even exploring new technologies like AI agents. He has also discontinued underperforming services to streamline AWS’s focus.

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FREQUENTLY ASKED QUESTIONS

Where did Matt Garman go to college?

Matt Garman went to Stanford University. He has a Bachelor of Science (BS) in Industrial Engineering and a Master of Science (MS) in Industrial Engineering from the Ivy League School. 

Who did Matt Garman replace?

Matt Garman replaced Adam Selipsky. Slipsky was the second CEO of Amazon Web Services and stepped down from his role in the earlier months of 2024. 

Who is the founder of AWS?

Andy Jassy is considered the founder of Amazon Web Services (AWS), not to be confused with Jeff Bezos, who founded Amazon.com. Jassy served as AWS’s CEO till 2021 and was succeeded by Adam Selipsky. Selipsky stepped down from the position three years later and now the role is held by Matt Garman.