The current Sony Chairman is set to retire this June at the annual shareholder's meeting after working at Sony for over 16 years. Stringer will use the transition to "pursue new opportunities".
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Sony's newly named CEO Kazuo Hirai admits in an interview that the company could get "in some serious trouble" if things don't turn around for Sony and its operations
Sony has announced that Kazuo Hirai will become Sony's new President and CEO on April 1, replacing Sir Howard Stringer who will remain as Chairman of the company's Board of Directors.
An unconfirmed news report claims that Sony will name Kazuo Hirai as the company's new president in April, replacing Howard Stringer who would continue as Sony's CEO.