Sir Howard Stringer, 71, says he will step down at Sony’s annual shareholder meeting and made the announcement in a speech at the Japan Society in New York. Kazuo Hirai, 52 and former head of the PlayStation unit, succeeded him as CEO almost a year ago. Stringer was put in place in June 2005 and under his watch the once great Sony has fallen behind Samsung in manufacturing and Apple in creativity. Now Hirai is trying to save the company by cutting costs and selling assets. Whether Sony’s Culver City entertainment studio will be one of those assets shed now remains a subject of much speculation especially with Stringer’s departure finalized for June. Hirai has denied speculation that Sony could sell the entertainment divisions. Stringer said he would pursue “new opportunities I’ve been presented with lately”. Stringer is also chairman of the American Film Institute. Stringer came from Sony’s entertainment arm and pointed to the company’s movie, TV and music businesses as “models of stable and innovative leadership and consistently profitable”.
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Howard Stringer To Retire From Sony In June
AFI Awards: Hollywood Power Players Turn Out For A Moment Of Sanity During Oscar Season Madness

Between the roller-coaster ride of Thursday’s 85th Academy Award Nominations and Critics Choice Awards and this weekend’s Golden Globes mania, Friday’s annual AFI Awards Luncheon was not only a breath of fresh air in this busy
season. … Read More »
Sony Seeks New President To Solve Howard Stringer Successor Issue
It was a surprise when Sony named a non-Japanese and a non-engineer, Howard Stringer, as Chairman/CEO in 2005. Then Stringer took on the president’s job in 2009 after ousting Ryoji Chubachi. Now Bloomberg is reporting on private talk that the … Read More »
NATAS Announces Technology And Engineering Emmy Winners
Don’t Cry For Blu-Ray DVD, Sir Howie…
For a long time Sony’s Sir Howard Stringer was depressed over the Blu-ray vs HD-DVD format war. Then he was happy when he won. Now he might frown again. Because Wal-Mart is scaling back its sale of low-cost DVDs and predictions … Read More »





