Sony Names Kazuo Hirai As New President And CEO

rated by 0 users
This post has 2 Replies | 0 Followers

Top 10 Contributor
Posts 26,706
Points 1,207,990
Joined: Sep 2007
News Posted: Thu, Feb 2 2012 12:48 AM
Sony has a new lead man. Howard Stringer will be heading out (probably to play a few rounds of golf), while long-time Sony exec Kazuo Hirai will take over as Sony's President and Chief Executive Office. Sir Howard won't be leaving entirely; he'll be moving over to become Chairman of the Board of Directors in June. The move isn't entirely unexpected, as Kaz has been playing a larger role in the company for some time now. Mr. Stringer recommended to the Sony Board of Directors that Mr. Hirai, currently Executive Deputy President, be his successor as President and CEO. 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.

Here's a quote from the new boss: "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."

Those are bold and interesting words. Sony understands that they haven't produced hit after hit, with the PSPgo widely regarding as ho-hum and even the PS Vita seeing drooping sales of late. LCD TVs aren't the profit powerhouse that they once were, and the Walkman has seen better days. But Sony's still Sony, and Kaz knows that it'll take some major efforts to contend with the other big shots in the tech universe. Hard to say what kind of stamp he'll put on things, but we're guessing the new "Sony" line of smartphones (bye, Ericsson!) will be a great chance to prove that Sony still has what it takes.

  • | Post Points: 35
Top 150 Contributor
Posts 495
Points 4,825
Joined: Jan 2012
Location: Brighton, MA

Entertainment Weekly noted Kazuo Hirai as one of the most powerful executives.

We hope this guy will make customers trust in Sony again. Sony’s disastrous PlayStation Network security breach was just a shame. New President;New ideas ,New teams, New customers, Security Methods, a future.

  • | Post Points: 5
Top 50 Contributor
Posts 3,236
Points 37,910
Joined: Mar 2010
AKwyn replied on Thu, Feb 2 2012 12:03 PM

Kazuo Hirai was the guy who brought the PlayStation upon the masses, he's a gaming god among many eyes and one of Sony's finest.

Glad to see him finally rising up to take over Sony. Sony has been hit hard by a ton of setbacks, mainly the PSN network breach, the handling of said network breach and the infamous Sony BMG DRM scandal; hopefully Kazuo is able to guide the company away from that and into prominence. I mean Sony has some good ideas, it just needs a good CEO in order to exploit them and make them the prime focus in customers eyes.

Good luck Kazuo, you'll definitely need it.


"The future starts with you; now start posting more!"

  • | Post Points: 5
Page 1 of 1 (3 items) | RSS