Moments after Tuesday’s closing bell, as Amazon was riding high on a sea of profits, spurred in part by the need for home delivery during a pandemic lockdown, Amazon’s Jeff Bezos announced he would be stepping down as CEO. His timing may not be random.

Larry Glazer of Mayflower Advisors said, “I mean everybody’s entitled to step aside, but going forward, the shifting political sands could put a target on these companies from a tax and regulatory perspective, and he knows it. And maybe it’s going to be someone else’s challenge to take that on. And that’s why you’re seeing these executive C suite changes at this massive company.”