Sony CEO Steps Down

Kaz Hirai

TOKYO—Sony CEO Kaz Hirai has announced his intention to step down as of April 1. Hirai will move to a new role as chairman of the company. He will be succeeded by current chief financial officer Kenichiro Yoshida.

"As the company approaches a crucial juncture, when we will embark on a new mid-range [corporate] 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," Hirai said.

Meanwhile, this morning Sony has announced group revenue up 11 percent to $23.6 billion in Q3 2017.

This story first appeared on TVT's sister publication TVB Europe

Jenny Priestley

Jenny has worked in the media throughout her career, joining TVBEurope as editor in 2017. She has also been an entertainment reporter, interviewing everyone from Kylie Minogue to Tom Hanks; as well as spending a number of years working in radio. She continues to appear on radio every week and occasionally pops up on TV.