Kazou Hirai announced to step down as Sony President and CEO

What’s Up PlayStation Nation,

Today provides some bittersweet news In a surprising turn of events it has been reported via press release of PlayStation’s recent finacial report  that the PlayStation 4 sales has reached 76.5 million sales, alongside that Kaz Harai has announced he will be stepping down as CEO of Sony Corporation. Sony has announced that Kenichiro Yoshida will assume Kaz’s soon to be former role and will be taking over as of April 1st, 2018. Even though Kaz will be stepping down as CEO, Mr. Hirai will remain in the company, retaining the Director and Chairman roles once April hits.

As it has been detailed in an official press statement Kaz Harai and Kenichiro provided statements to the recent news which is detailed below:

Kazou Harai States:

“Ever since my appointment as President and CEO in April 2012, I have stated that my mission is to ensure Sony continues to be a company that provides customers with kando – to move them emotionally – and inspires and fulfills their curiosity. To this end, I have dedicated myself to transforming the company and enhancing its profitability, and am very proud that now, in the third and final year of our current mid-range corporate plan, we are expecting to exceed our financial targets. And it excites me to hear more and more people enthuse that Sony is back again. As the company approaches a crucial juncture, when we will embark on a new mid-range plan, I consider this to be the ideal time to pass the baton of leadership to new management, for the future of Sony and also for myself to embark on a new chapter in my life. My successor, Kenichiro Yoshida, has supported me closely since returning to Sony in December 2013 , contributing extensively beyond his remit as CFO and acting as valuable confidant and business partner, as we took on the challenge of transforming Sony together. Mr. Yoshida combines a deeply strategic mindset with a relentless determination to achieve defined targets, and the ability to take a global viewpoint. I believe he possesses the breadth of experience and perspective, as well as the unwavering leadership qualities required to manage Sony’s diverse array of businesses, and as such is the ideal person to drive the company forward into the future. As Chairman, I will of course offer my full support to Mr. Yoshida and the new management team, and do all I can to facilitate a smooth transition and ensure their future success.”

Kenichiro Yoshida States:

“I am very grateful to Kazuo Hirai and the Sony Board for their trust and confidence in appointing me as Sony President and CEO, and at the same time feel a great sense of responsibility in taking on this vitally important role. Together with the outstanding talent we have across the Sony Group, I will aim to build on the business foundations established by Mr. Hirai, and execute further reform measures that enhance our competitiveness as a global enterprise, and enable us to realize long-term profit growth. My first priority will be to finalize our next mid-range corporate plan starting in April, together with our immediate business plan for the fiscal year 2018, and then move ahead swiftly with implementation. This is a hugely exciting time at Sony as we look to our future, and together with my management team I intend to determine the best path for us to move forward, and devote my full effort to creating a better Sony that captures the imagination of our many stakeholders around the world.”

(Editors Opinion: This is definitely unexpected news as it has caught me off guard in terms of expected news. However it does make sense as such a high level position can be tiring considering that he has to travel on the constant and stay away from family. Not only that he has maintain and manage many branches of the Sony Corp. Which he has done a great job at. However it does leave many fans of the brand a bit worried and questioning will the transitioning team be able to maintain the same level of quality that many of us PlayStation fans have come to love. Not only that it leaves the question of will we experience a shift in gaming output. One can only hope that things will continue to prosper and grow. Kazou Harai is one of many parts that are responsible for turning around the perception of the PlayStation brand. But we will see how this is will manifest going into the PS5 and so forth. Does it worry fans who closely follow the PlayStation Brand? I believe it does. But we will see how things will evolve over time. We look forward to see how the PlayStation name will evolve going forward.)

What do you think of this news. Are you concerned with the outcome of this news? What would you like to see from the PlayStation brand in the future? Comment below let us know for news like this and more make sure to keep us bookmarked. And make sure to check back with us here at What’s Up PlayStation.

Andrew House Steps Down as President & Chief Executive of Sony Interactive Entertainment

What’s Up PlayStation Nation,

In an abrupt wave of shock and multiple outlets reporting, It has been revealed that PlayStation Boss, President and Chief Executive Andrew House has stepped down from his position in SIE effective immediately as Deputy President John Kodera will assume his position. It has been stated that “House will remain on as a director and the chairman of SIE “through the year to ensure a smooth transition,” the statement said.

As of now there is no specific reasoning behind this move as it has caught many of us off guard in the same manner that the departure of former PS Boss Jack Tretton leaving PlayStation as Shawn Layden assumed his role.

Sources from Polygon report: House has been with Sony since 1990 and, after moving from corporate communications into marketing for what was then called Sony Computer Entertainment, he was involved in the launch of the first PlayStation. He took over as president and chief executive of SCE (SIE since 2016) in 2011, replacing Kazuo Hirai, who is now the president and chief executive of all of Sony.

Alongside this news via the Wallstreet Journal it reports that  The sales of 78 million PlayStation 4’s  have been sold under House’s leadership and PlayStation has grown into subscriber base of 70 million. It also noted the launches of PlayStation Vue and PlayStation VR under his term. “He has grown the Game and Network Services segment into one of the key profit drivers for the Sony Group,” the statement said.

“PlayStation has been a huge part of my life for more than 20 years but with the business having achieved record-breaking success, now seemed to be the right time for me to pursue new challenges,” House said in Sony’s statement. “John and the team at SIE are world-class and I know the future of PlayStation is very bright.”

It should be noted however that John Kodera has been with the PlayStation brand for while also as he has played a role in creating partnerships launches such as PlayStation Vue, PlayStation Video, and PlayStation Music, which is partnered with Spotify.

Upon the news of the change in roles Kodera stated:

“I intend to build on the amazing progress Andy has made enhancing the PlayStation brand and expanding the game and network services business,” Kodera said in Sony’s statement, “and will strive to further strengthen the unique value proposition we are able to offer via the PlayStation platform.”

Editors Opinion: We can only hope as PlayStation fans that the transition is smooth and that this change won’t effect the current quality of games and flow of things we’ve come to love this PlayStation generation. It also makes me curious as toward how the PS5 and PlayStation Experience events will change or if they will continue to transpire going forward. I’m not too educated on the inner workings of this level of business so from the outside looking in as a fan. One can only hope this doesn’t drastically effect what we know and love from the PlayStation Brand.

Enough of my thoughts, tell us what you think of this news so far? How do you think it will affect the PlayStation Brand? What do you want and do not want to see? Comment below and let us know. For more news make sure to check back with us here at What’s Up PlayStation.

 

Souces: Wall Street Journal, Polygon