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Report: Sony CEO Howard Stringer May Step Down

Nov 3, 2011  •  Post A Comment

Sony Corp. Chairman and Chief Executive Howard Stringer may step down as CEO at the end of the company’s fiscal year in March, reports the New York Post.

If he does step down, he will most likely keep the chairman role, the story says. Sony hasn’t made an official announcement, although it’s thought that Executive Deputy President Kazuo Hirai is in line to succeed him. A Sony representative declined to comment, the story says.

Stringer has been dealing with setbacks for the company including production delays caused by Japan’s earthquake and tsunami, as well as hacker attacks on its PlayStation Network, the piece points out.

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