Sony Interactive Entertainment has announced that former company CEO Jim Ryan will be replaced by two new CEOs. Hideaki Nishino will be appointed CEO of the Sony Interactive Entertainment’s Platform Business Group, and Hermen Hulst will be appointed CEO of Sony Interactive Entertainment’s Studio Business Group. This will take place effective June 1, 2024. Current interim CEO Hiroki Totoki will now serve as Chairman of Sony Interactive Entertainment along with his role as President, COO, and CFO of Sony Group Corporation. Both new CEOs will report to Totoki.
Hiroki Totoki commented on the announcement in a press release, saying:
“Sony Interactive Entertainment is a dynamic and growing business that delivers incredible entertainment experiences through the connection of content and technology. These two leaders will have clear responsibilities and will manage strategic direction to ensure the focus remains on deepening engagement with existing PlayStation users and expanding experiences to new audiences.”
Message from Hiroki Totoki: A New Era at Sony Interactive Entertainment:
It brings me great pleasure to announce that I have decided on the succession strategy for the role of CEO at Sony Interactive Entertainment. Over the last decade, Sony Interactive Entertainment has grown tremendously, building upon our continuous successes in hardware, software and services through a sharper focus on player engagement.
To continue this growth and momentum, we are moving forward with a new management structure for Sony Interactive Entertainment. Effective June 1, Hideaki Nishino will be appointed CEO of Sony Interactive Entertainment’s Platform Business Group, and Hermen Hulst will be appointed CEO of Sony Interactive Entertainment’s Studio Business Group. Effective the same date, I will step down from my current role as interim CEO and become Chairman of Sony Interactive Entertainment, in addition to my roles at Sony Group Corporation. Both Hermen and Nishino-san will report to me as Sony Interactive Entertainment Chairman.
Nishino-san will continue his role leading the Platform Experience Group, overseeing technology, products, services, and platform experience. He will also oversee third party publisher and developer relations and commercial operations, including sales and marketing of hardware, services, and peripherals.
Hermen will continue to lead the Sony Interactive Entertainment Studios business, including PlayStation Studios, Bungie, and PlayStation Productions. He will be responsible for the development, publishing, and business operations of Sony Interactive Entertainment’s first party content as well as intellectual property expansion opportunities through PlayStation Productions.
Later this month you will learn more about the long-term vision for Sony Group and the essential role Sony Interactive Entertainment plays in that vision. As I mentioned previously, fiscal year 24 marks the start of the Mid-Range Plan period for Sony Group in which we will set the course for sustainable growth.
The future is incredibly bright for Sony Interactive Entertainment and that is thanks to all of you. Since I became Chairman in October 2023, I have been inspired by your enthusiasm, innovative approaches, and teamwork. These values will serve us well as we embark on the exciting future for Sony Interactive Entertainment.
Please join me in congratulating Nishino-san and Hermen on their new roles.
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