Amazon.com Inc. on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for the third quarter, will make current cloud computing chief Andy Jassy Amazon's next chief executive officer. Net sales rose to $125.56 billion as consumers turned to the world's largest online retailer for holiday shopping, beating analyst estimates of $119.7 billion, according to IBES data from Refinitiv. FILE - Andy Jassy, CEO Amazon Web Services, speaks at a conference in Laguna Beach, California, Oct. 25, 2016.Bezos, who started the company 27 years ago as an internet bookseller, said in a note to employees posted on Amazon's website, "As Exec Chair I will stay engaged…