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Sony installs new chief in quest for identity
Sony announced on Wednesday, 1 February, that Kazui Hirai is being appointed as its president and CEO, effective 1 April. Current Chairman, CEO and President Howard Stringer will become the chairman of the board of directors in June.
Sony has had a turbulent year, including several incidents in which it had to defend its systems from hackers, so a switch in leadership might help the company find a smoother road.
Stringer recommended that Hirai - currently executive deputy president - succeed him as president and CEO. Stringer will continue to serve as chairman of Sony until his promotion to chairman of the board, which will become effective following board approval after June's annual shareholder's meeting, when the current Chairman Yotaro Kobayashi will retire. Hirai is expected to be appointed to the board at the shareholder's meeting.
Read the full story on E-CommerceTimes.com.
