Tuesday, August 18, 2009

Sonys Howard Stringer consolidates power as president resigns


If you thought Sonys economic woes and unprecedented layoffs would bring an end to Sir Howard Stringers reign at Sony, think again. Its Sony president, Ryoji Chubachi, that will step down in April leaving Sir Howard to take over the presidency in addition to his current roles as chairman and CEO. Chubachi will become a vice chair while Stringer takes direct control of Sonys core electronics division. Dont let us down Howie.

Update: Additional details have emerged following a Sony press conference. Sony electronics will be organized into two main groups: (1) the Networked Products and Services Group, lead by PlayStation boss (and our buddy) Kaz Harai, will consolidate Sonys PlayStation console, VAIO PCs, Walkman audio products, new mobile products and Media Software and Services to ensure a common platform with access to the PlayStation Network, and (2) the New Consumer Products Group, under Hiroshi Yoshioka, that will unite Sonys Bravia televisions with its digital imaging, home audio, and video business. All of which reports direct to Stringer.