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Sony will have a new CEO, Kazuo Hirai becomes chairman

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Sony will have a new CEO, Kazuo Hirai to become the chairman
Kenichiro Yoshida (left) and Kazuo Hirai (right) attending a Sony press-conference in 2016.

Chief Executive Officer of Sony Corporation - Kazuo "Kaz" Hirai, will step down from his position and will become Sony's chairman instead, as of April 1st 2018. Taking his place will be Kenichiro Yoshida - currently Chief Financial Officer of Sony. The news were announced today on Sony's official website.

The proposition for the upcoming change came from Kazuo Hirai himself and is considered somewhat of a surprise, considering his success throughout the years as the CEO. Hirai was appointed Chief Executive Officer back on April 1st 2012, while being Executive Deputy President of Sony Corporation. At the time the company was going through financial problems, but his decisions as CEO helped immensely. The biggest proof for that came in 2013 when Sony reported net profit in its full-year financial results for the first time in five years. This all came just a mere year after Hirai's appointment as CEO. Also under his management Sony put emphasis on its gaming and mobile divisions, while getting rid off some not so profitable projects, example being the Vaio laptops business, which was sold to an investment fund back in 2014


Hirai has been with company since 1995, initially joining Sony Computer Entertainment - Sony's computer and console division. He helped make the PlayStation 2 the most successful console of all-time, selling over 158,000,000 units worldwide as of 2013, when it was discontinued.

Sony's future CEO Kenichiro Yoshida has been Chief Financial officer since 2014 and is also a part of the board of directors. 


source: Sony

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