Arab Today, arab today sony\s stringer \to step down\ as president
Last Updated : GMT 05:25:49
Arab Today, arab today
Arab Today, arab today

Sony\'s Stringer \'to step down\' as president

Arab Today, arab today

Arab Today, arab today Sony\'s Stringer \'to step down\' as president

Tokyo - AFP

Howard Stringer, the Welsh-born American head of Japanese games, music and electronics giant Sony, is to step down as the firm\'s president, reports said Saturday, while remaining CEO and chairman. The move puts his reported successor Kazuo Hirai, a games and music veteran who is currently executive deputy president, in pole position to ultimately take over at the top of the company. Sony is planning a drastic restructuring under Hirai to try to return to profit, the Nikkei economic daily said, pointing out the group is braced to report its fourth consecutive annual loss for the year ending in March. Sony has been mired in the red with its television business losing money. It has been hit by a strong yen, hacker attacks on its PlayStation Network, and both Japan\'s earthquake-tsunami disaster and floods in Thailand last year. Stringer became chairman and chief executive in 2005 as the first foreign chief at Sony, and added the presidency to his roles in 2009. The 69-year-old has dismissed speculation that he will be stepping down at the end of the company\'s fiscal year. Jiji Press news agency said he had decided to shed the post of president because of the unusual concentration of power in him holding the company\'s top three positions. Hirai, 51, has spent most of his career at Sony in videogames, movies, music and other software businesses, playing a major role in developing the PlayStation in the 1990s. He was promoted to deputy president in April last year in a move seen by analysts as signalling a greater focus on pushing content to multiple hardware platforms such as game consoles, smartphones and tablet computers. Stringer said last year that Hirai was an \"obvious candidate\" to succeed him as Sony\'s leader. The company would not confirm the reports on Saturday, saying in a statement that \"nothing has been determined at this time\".  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sony\s stringer \to step down\ as president Arab Today, arab today sony\s stringer \to step down\ as president

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sony\s stringer \to step down\ as president Arab Today, arab today sony\s stringer \to step down\ as president

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday