Sony CEO Kazuo Hirai resigns


Kazuo Hirai, chairman of the board and former CEO of Sony, resigns as chairman and leaves the company. Sony announced it on Thursday.

Last year Hirai stopped as director of Sony, financial chief Kenichiro Yoshida became his successor. Now Hirai also resigns its duties as chairman of the board. He is retiring and will only be affiliated with Sony as an advisor.

Hirai led Sony through a number of difficult years. He started as a director in 2012, at that time Sony was making a loss. He therefore deleted thousands of jobs and stopped making PCs and laptops.

He also brought back television production. The focus was on the gaming and camera branch of Sony and with success, because in his final year as CEO, Sony made a profit of $ 6.7 billion (about $ 5.9 billion).

Shuzo Sumi has been nominated as candidate board chairman. He is currently chairman of the Japanese insurance group Tokyo Marine. It will be announced in June whether he will succeed Hirai. That is also the moment that Hirai officially resigns.

Hirai believes that the new CEO, Yoshida, will lead the company well: “I am confident that everyone at Sony will benefit from Yoshida’s strong leadership and that Sony is heading towards a bright future”

By: Abaigael Schlomski

Abaigael Schlomski is an accomplished economist and financial journalist with over a decade of experience in the industry. He is a regular contributor to EconomicInform, where he provides in-depth analysis and expert commentary on the latest economic trends and events. With a keen understanding of the financial markets and a talent for breaking down complex economic concepts for a general audience, Maurice is a trusted and respected voice in the field.

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