O current president of Sony Kazuo Hirai, who has been with the company in some difficult times in the past five years, announced his retirement from the company. was named CEO and President of Sony in 2012, shortly after the company lost 6,4 billion USD in 2011.
After cutting costs and redirecting business to games and images, Kazuo Hirai brought Sony back to profits, with $ 6,7 billion in tax profits IN 2017. He left the position of CEO shortly afterwards, handing over the reins to the CFO Kenichiro Yoshida.
Kazuo Hirai will step down as president on June 18, 2019, and has been with Sony for 35 years, starting in the music division and eventually leading the gaming business. He replaced Howard Stringer as CEO in 2012, during a period when Sony's financial news was largely dire. Shortly after, Sony launched the Playstation 4, and the console has sold almost 100 million units.
