Howard Stringer To Retire As Sony Chairman In June
March 11, 2013 at 6:49 AM (PT)
SONY CORP. Chairman HOWARD STRINGER has announced that he will retire this JUNE.
THE ASSOCIATED PRESS reports STRINGER, the company’s first foreign president, "announced his departure on FRIDAY in NEW YORK during a speech at THE JAPAN SOCIETY, and SONY, in TOKYO, confirmed the news on SUNDAY. He will step down at an annual general shareholders meeting."
KAZUO HIRAI will succeed STRINGER as Chairman/President.
"I was pleased to hand the reins to KAZUO HIRAI last year because I saw in him the right mix of skills to lead SONY, and I knew it was the right time to bring about generational change," THE NEW YORK TIMES reports STRINGER said. "Over the course of the past year, he has come into his own and is leading SONY with vision and authority."