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Sony names Kazuo Hirai as President and CEO; Sir Howard Stringer to become Chairman of the Board of Directors 2012.02.04

Tokyo, Japan - February 01, 2012 - Sony Corporation today announced that Kazuo Hirai has been appointed as President and Chief Executive Officer, effective April 1, 2012. Sir Howard Stringer, currently Chairman, CEO and President, will become Chairman of the Board of Directors in June, 2012.

SONY Corporation names Kazuo Hirai as President and CEO
Kazuo Hirai, Executive Deputy President, SONY Corporation.
SONY Corp. press event at the 2012 International CES. January 9, 2012 in Las Vegas, Nevada, USA.
Photo courtesy of Sony Corporation
 

Tokyo, Japan - February 01, 2012

Sony Corporation (“Sony”) today announced that Kazuo Hirai has been appointed as President and Chief Executive Officer, effective April 1, 2012.

Sir Howard Stringer, currently Chairman, CEO and President, will become Chairman of the Board of Directors in June, 2012.

Sir Howard Stringer, Chairman, CEO and President at SONY Corp. (Top), Kazuo Hirai, Executive Deputy President at SONY Corp. (Lower left) and Hiroshi Yoshioka, Executive Deputy President at SONY Corp. (Lower right).
Photo courtesy of Sony Corporation
 
Mr. Stringer recommended to the Sony Board of Directors that Mr. Hirai, currently Executive Deputy President, be his successor as President and CEO.

Sir Howard Stringer and Kazuo Hirai
Photo courtesy of Sony Corporation
 
Mr. Stringer will continue as Chairman of Sony Corporation until his ascension to the Board Chairmanship, which will become effective upon Board approval following the annual meeting of shareholders in June, when the current Chairman, Yotaro Kobayashi, will retire
.

Mr. Hirai is also expected to be appointed to the Board at the June shareholders meeting.

Sir Howard Stringer, Chairman, Chief Executive Officer and President, Sony Corporation.
Photo courtesy of Sony Insider
 

Comment from Sir Howard Stringer

“Three years ago, I started to work with the Board on succession plans, and in February, 2009 we named a new generation of leaders to be my management team. Among them was Kaz Hirai, who had distinguished himself through his work in the PlayStation® and networked entertainment businesses. Kaz is a globally focused executive for whom technology and the cloud are familiar territory, content is highly valued, and digital transformation is second nature. I believe his tough-mindedness and leadership skills will be of great benefit to the company and its customers in the months and years ahead. I look forward to helping Kaz in every way I can so that succession leads inevitably to success. It was my honor to recommend him to the Board for the positions of President and CEO, because he is ready to lead, and the time to make this change is now.”

Kazuo Hirai at SONY Corp. press event at the 2012 International CES. January 9, 2012 in Las Vegas, Nevada, USA.
Photo courtesy of Sony Corporation
 

Comment from Kazuo Hirai

“As challenging as times are for Sony now, were it not for the strong leadership of Sir Howard Stringer these past seven years, we would have been in a much more difficult position. I am grateful to Sir Howard and to the Board for their confidence in me, and I look forward to working with everyone at Sony more closely than ever before to build a strong future for our customers, shareholders, partners and employees. The path we must take is clear: to drive the growth of our core electronics businesses - primarily digital imaging, smart mobile and game; to turn around the television business; and to accelerate the innovation that enables us to create new business domains. The foundations are now firmly in place for the new management team and me to fully leverage Sony’s diverse electronics product portfolio, in conjunction with our rich entertainment assets and growing array of networked services, to engage with our customers around the world in new and exciting ways.”

Yotaro Kobayashi, Chairman of the Board at Sony Corporation
Photo courtesy of Sony Corporation
 

Comment from Yotaro Kobayashi, Chairman of the Board

“The Board is grateful to Sir Howard Stringer for all he has done to help Sony travel such a long and vital way down the road from an analogue to a digital company. He has clearly recognized the importance of connecting our tremendous products with networks and content so that our devices come fully alive in the hands of consumers. We agree with Sir Howard that Kazuo Hirai is the right man at the right time to lead Sony. He has a unique capacity to inspire people, to build teams, to make the tough decisions, and to think with clarity and foresight about the challenges we face and how to surmount them. We are also pleased that Sir Howard has accepted our request to remain with Sony after June as Chairman of the Board of Directors. His leadership and experience will be of immeasurable assistance to us all.”

Sony Corporation Chairman, CEO and President Sir Howard Stringer (2L) poses with Executive Deputy President Hiroshi Yoshioka (L), Executive Deputy President Kazuo Hirai (2R) and Executive Deputy President and CFO Nobuyuki Oneda (R).
Sony Corporation press conference at their headquarters in Tokyo, Japan.
Photo courtesy of Sony Corporation
 

Source: Sony Corporation

http://www.sony.net/  



ASTROMAN Magazine - 2011.03.06

Sony Names Doug Morris New Head of Sony Music Entertainment

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=909  



ASTROMAN magazine


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