Sony Interactive Entertainment, the parent company of PlayStation, has announced that Jim Ryan, the CEO and Chairman of the board, will be retiring. His departure from the CEO position is set for March 2024. Following this, Hiroki Totoki, the CEO and CFO of Sony Group Corporation, will temporarily assume the role of CEO at SIE while the search for a new CEO takes place.
Jim Ryan has dedicated nearly 30 years of his career to SIE, starting with Sony Computer Entertainment Europe in 1994, the same year that the iconic PS1 was launched. He has worked his way up to the pinnacle of the organization as CEO.
TLDR: Jim Ryan, the CEO of Sony Interactive Entertainment (SIE), will be retiring in March 2024. Hiroki Totoki, the CEO and CFO of Sony Group Corporation, will temporarily take over as CEO of SIE while a new CEO is sought. Jim Ryan has been with SIE for almost 30 years, starting in 1994 with Sony Computer Entertainment Europe.