Tag archive: Howard Stringer

Sony has announced that former PlayStation chief Kazuo Hirai will be taking over as both president and CEO of Japanese electronics giant Sony, replacing former CBS executive Howard Stringer as of April 1. Although few industry watchers are surprised to see Hirai advance to the top position at Sony, he is doing so at a time when the once-unstoppable company is facing major challenges and dwindling prospects in almost all of its core markets,… Read More

As expected, Sony Corp. has replace Sir. Howard Stringer as president and chief executive officer with Executive Deputy President Kazuo Hirai, who was named head of the company's consolidated consumer products division last March. Stringer will remain Sony's chairman until June, when he will become chairman of the company's board of directors. Hirai will officially take over as CEO April 1. The top-level changing of the guard… Read More

One of the insurers that covered Sony during the four week PlayStation Network outage told a New York court that it shouldn't be responsible for claims that occur in cyberspace. The issue is whether Sony suffered damages in the real-world for attacks that occurred in the virtual space. Zurich American is also suing co-insurers ACE Ltd, Mitsui Sumitomo Insurance and AIG to get a better understanding of shared responsibility covering… Read More

Moods have surely improved around the Sony offices now that the company's online services have been restored following the April attack that left PlayStation Network, Qriocity and Sony Online Entertainment down for almost a month. Company CEO Howard Stringer was downright apologetic when he spoke publicly about the outage at the start of this month, but now that normalcy is returning he's taken a more aggressive stance toward critics… Read More

Unfortunate news to report this morning. Norio Ohga, senior advisor and former president and chairman of the Sony Corporation, is dead at the age of 81. He died in Tokyo this morning at 9:14 a.m., the victim of multiple organ failure. Ohga was named the company's president in 1982 and later added the position of CEO to his title in 1989, the same year Sony purchased Columbia Pictures. He succeeded company co-founder Akio Morita as chairman… Read More

Responding to tough economic conditions and nosediving sales figures, Sony head Howard Stringer has announced (PDF) a shakeup that will see the company reformed around two main groups, and re-align Sony's top brass so that Stringer will have comprehensive control over the electronics giant. The changes will go into effect April 1 and install Stringer as president of the company in addition to his existing roles and chairman and chief… Read More

“”Engineers have always been Sony's heroes,” Chubachi said, addressing a small group of reporters at the company's Tokyo headquarters. “A lot of work is going into producing megapixels, ultra-thin super-light gadgets, long-lasting batteries or zooms, and Sony has that kind of power. But we strike out.” In a major management reshuffle, Chubachi was appointed Sony president, overseeing the electronics… Read More

“Sony Connect, our music download service, has just been launched at beta-testing level and video downloading will follow later this year,” said Howard Stringer, vice chairman and chief operating officer of Sony, at a Tokyo news conference. A company spokesman later downplayed the remarks and said that while Sony is considering a video download service it has made no decision on timing or the type of video content that may be… Read More