Monday, March 7, 2005
Sony Names New CEO
Posted by Kent Pribbernow in "NEWS" @ 07:00 AM
"Sony's board of directors unanimously approved the selection of a British executive as the company's new chief executive and chairman amid a management shake-up Sunday at the electronics and entertainment giant. The company announced the appointment of Howard Stringer to lead Sony during an emergency meeting called by Nobuyuki Idei, whom Stringer will succeed. The changes are effective immediately but final approval will come following a shareholder vote on June 22."
This could signal a big shift for Sony. What impact this new exec will have on Sony's consumer products remains to be seen. The company is facing a number of serious internal problems, and if the board is willing to place an "outsider" at the helm, that tells you just how bad things are. We'll see what happens.
This could signal a big shift for Sony. What impact this new exec will have on Sony's consumer products remains to be seen. The company is facing a number of serious internal problems, and if the board is willing to place an "outsider" at the helm, that tells you just how bad things are. We'll see what happens.
