Stringer Shakes up Sony Management, Takes President Position
Four years into his term as chairman of Sony and with the company facing plunging sales Howard Stringer plans to implement a company-wide reorganization and shake-up top management.
The changes, which will be effective from April 1, will see Stringer take on the title of president of Sony and with it direct control of the company's key electronics business. Stringer will retain his chairman and CEO titles, which gives him group-wide control of Sony, and Ryoji Chubachi, who currently serves as president, will become vice-chairman to assist Stringer in safety, quality and environmental issues, Sony said in a statement.
"Consumers want products that are networked, multi-functional and service-enhanced utilizing open technologies, and user experiences that are rich, shared and, increasingly, green," said Stringer in a statement. "This reorganization is designed to transform Sony into a more innovative, integrated and agile global company with its next generation of leadership firmly in place."
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