Sony CEO ignores calls to resign during stockholder meeting

Sony's current CEO Howard Stringer ignored a request to resign from his position during a stockholder's meeting in Tokyo earlier today. Reuters reports that an apparently upset Sony shareholder "asked him to step down to allow the company to make a fresh start." According to the report Stringer ignored the comment from the shareholder although his comment was "greeted with scattered applause." Instead Stringer said that his biggest job as Sony's CEO "was to oversee the company's development and to nurture the next generation of management."

Stringer is still dealing with the fallout from the cyber attacks back in April that caused Sony to shut down both the Playstation Network console game service and the MMO servers of Sony Online Entertainment for several weeks. The attack exposed the personal info of tens of millions of PSN and Sony Online users. Indeed, Japanese Playstation 3 owners still cannot access PSN's Playstation Store over two months since the cyber attack.

In today's shareholder meeting, Stringer told the audience that the cyber attack on Sony's servers was "because we tried to protect our IP (intellectual property), our content, in this case videogames." He added, "These are our corporate assets, and there are those that don't want us to protect them, they want everything to be free."

In addition to the cyber attacks on Sony's gaming networks a number of other web sites owned and operated by Sony have suffered from cyber attacks in the past couple of months. Many of those attacks were conducted by the LulzSec group which announced over the weekend that its hacking campaign has come to an end.

Report a problem with article
Previous Story

OnLive in talks with Sony and Microsoft on adding tech to PS3 and Xbox 360

Next Story

Opera 11.50 "Swordfish" released

16 Comments

" the cyber attack on Sony's servers was "because we tried to protect our IP (intellectual property), our content, in this case videogames." He added, "These are our corporate assets, and there are those that don't want us to protect them, they want everything to be free."

Putting efforts in protecting corporate assets but given a s*** in protecting customers private data.

No no Stringer, those attack were successful because the PSN network had poor security that's all. Don't try to turn that into a "free" thing. Corporate twit....

They were (supposedly) targeted due to their handling of the Geohot case. But yeah, basic security measures would've allowed them not to be in this situation.

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

And yet Japan still does not have the PSN network back. Careful what you ask for.

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

I didn't know Howard Stringer was born in the USA ? (Wales UK)

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

Wow, you managed to fail so hard right there!

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

Didn't sony put him in because they where having a hard time getting a Japanese boss that knew what they are doing?

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

this is the xenophobic bs that I hate. What does where your born have anything to do with this. If anything you can argue that the management education is different. I don't like to wish bad on anybody but for racist people around the world I hope a thousand tsunamies sweep you all away.

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.

That's a really dumb thing to say. You can't group entire nations like that, people are people no matter where they are from.

Unix2 said,
They need to put a Japanese as CEO, they have better management skills than americans.
Just read the replies to your comment you half wit. You got pwned time after time.

Ottos said,
He is just a fossil, Sony need new blood with new ideas to keep going. I hope, Sony kick him out.

i think so too. Sony needs brand new fresh ideas.

They where hacked for goin after graf who had absolutely nothing to do with piracy, just trying to restore OtherOS back to the system which doesn't even have anything to do with GameOS. How about you protect your customers the same why you try to protect your property Sony.

PlayStation is just one of the things that Sony does. And I think that with, PS Vita they have done good.
CEO seems okay to me. With a company as diverse and unfocused, he's doing a good job.

If he is the guy who has been at the helm for the PS3 launch, the PSP Go, PSN's downtime, and the release of customer information, let him go. He's even more dense if he thinks that Sony was hacked because people want free games.

Commenting is disabled on this article.