Is the PS4 and Sony in TROUBLE? - Rant Video

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With the CEO of Sony, Kaz Hirai, randomly stepping down last night people are beginning to question if Sony and the PS4 are heading for trouble. Let's talk about that!


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This April, Kaz Hirai will step down as Sony CEO in a management transition he proposed to the Sony Nominating Committee. His successor is company exec Kenichiro Yoshida.

The management shuffle takes effect April 1, when the Japanese financial year begins.

Hirai’s current titles are Director, Representative Corporate Executive Officer, President and Chief Executive Officer. Starting April 1, he will be Director and Chairman. Kenichiro Yoshida’s current titles are Director, Representative Corporate Executive Officer, Executive Deputy President and Chief Financial Officer. Starting this April, he will be Sony’s Director, Representative Corporate Executive Officer, President and Chief Executive Officer.

The official release contains comments from Hirai, Yoshida and the Nominating Committee Chairman:

Comment from Kazuo Hirai

“Ever since my appointment as President and CEO in April 2012, I have stated that my mission is to ensure Sony continues to be a company that provides customers with kando - to move them emotionally - and inspires and fulfills their curiosity. To this end, I have dedicated myself to transforming the company and enhancing its profitability, and am very proud that now, in the third and final year of our current mid-range corporate plan, we are expecting to exceed our financial targets. And it excites me to hear more and more people enthuse that Sony is back again. As the company approaches a crucial juncture, when we will embark on a new mid-range plan, I consider this to be the ideal time to pass the baton of leadership to new management, for the future of Sony and also for myself to embark on a new chapter in my life. My successor, Kenichiro Yoshida, has supported me closely since returning to Sony in December 2013 , contributing extensively beyond his remit as CFO and acting as valuable confidant and business partner, as we took on the challenge of transforming Sony together.







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