Sony's CEO Kazua Hirai will be replaced by CFO Kenichiro Yoshida from 1 April

Sony Corp said on Friday that CEO Kazuo Hirai will be replaced by the company’s chief financial officer, Kenichiro Yoshida, effective on 1 April.

Hirai, who stepped in as CEO in 2012, will become chairman of the electronics and entertainment company.

Sony Corp's Chief Financial Officer Kenichiro Yoshida. Reuters

Sony Corp's Chief Financial Officer Kenichiro Yoshida. Reuters

During Hirai’s six-year tenure, Sony has exited or cut back in areas such as PCs and TVs, and capitalised on the spread of smartphones with its image sensors.  Yoshida is widely credited for being behind many of the changes, which have won over investors. Sony is forecasting record profits for the year through March.

In more Sony news, Amazon India has signed a content deal with music industry giants Sony Music as it gears up for the launch of Prime Music in India. This will include a host of massive names in global music, including Elvis Presley and Michael Jackson.


Updated Date: Feb 02, 2018 12:56 PM