SONY UPS STRINGER
Howard Stringer, the Chairman/CEO of Sony Corp. of America, will take on the additional roles of Corporate Vice Chairman, head of Sony's operations in the Americas region and head of the newly organized entertainment business group.
According to published reports, Stringer is the first person from outside Japan, and the first head of Sony's movie and music operations, to reach the rank of Vice Chairman.
Sony also announced that Ken Kutaragi, President/CEO of Sony Computer Entertainment Inc., would add the duties of Corporate Executive Deputy President. The move enhances the standing of Kutaragi, the man responsible for Sony's successful PlayStation business, as a potential successor to Sony's corporate chief executive, Nobuyuki Idei, the Los Angeles Times said.
In his new role, Stringer will continue as Chairman/CEO of Sony Corp. of America, parent of Sony Music and Sony Pictures Entertainment.
Stringer’s announcement comes just days after Sony Music began its own restructuring under new Chairman/CEO Andrew Lack, a Stringer appointee. As many as 1,000 jobs are expected to be cut worldwide.
