Sony underwent major positional changes after CEO Jim Ryan retired in March last year, and Hermen Hulst and Hideaki Nishino were appointed co-CEOs in May 2024. However, today, another major shift in the company has occurred.
As seen in the Sony press release, Hideaki Nishino, the current co-CEO, has been promoted and will effectively take charge of CEO and president at Sony Interactive Entertainment from April 1 onwards. After the promotion, the CEO said some good things.
“I am truly honored to take the helm at Sony Interactive Entertainment. Technology and creativity are two of our biggest strengths as we continue to focus on developing experiences that deliver entertainment for everyone,” “We will continue to grow the PlayStation community in new ways, such as IP expansion, while also delivering the best in technology innovation. I want to thank Hermen for his expertise and leadership as he continues his role as CEO, Studio Business Group. I am deeply grateful for the PlayStation community and their continued support and I am very excited for what the future holds.”
Hideaki Nishino
Meanwhile, Herman Hulst will remain in charge of PlayStation Studios, looking into the PlayStation First Party Studios and other matters.
There is also another change: Hiroki Totoki, the current President and CFO of Sony Group, will step down as chairman of Sony Interactive Entertainment and become president and CEO of Sony Group Corporation, replacing Kenichiro Yoshida. With this promotion, Hiroki Totoki expressed his enthusiasm for the post with the following words.
“I am incredibly honoured and humbled to have been entrusted with the important role of President and CEO. I am looking forward to working with our approximately 110,000 employees to further evolve and grow Sony.” Totoki commented.
Lin Tao, the current SVP of Finance, Corporate Development, and Strategy for SIE, will take the role of CFO of Sony Group Corporation.
With the cancellation of live service titles and warping up the plans of live service, it will be interesting to see what major changes Herman Hulst will make to first-party IPs, given Sony has also got a massive achievement as it gets major shares of around 10% of Kadokawa, FromSoftware parent company.
All in all, with the changes, it seems that now Sony will have major shifts in strategy, and we will see a new generation of PlayStation and Sony business.
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