Friday May 25, 2012

JAPAN NEWS AND DISCUSSION

Sony's Stringer steps down as president, CEO

Business Feb. 02, 2012 - 06:46AM JST ( 12 )

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Stringer who was knighted in 1999 and was the first foreigner to lead the firm

Stringer will be succeeded by Kazuo Hirai who will take over as president and chief executive in April

Sony was one of the most distinctive electronics companies before being eclipsed in recent years by the likes of Apple

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12 Comments

2

cactusJackFeb. 02, 2012 - 11:16AM JST

and the golden parachute unfurls....
-1

herefornowFeb. 02, 2012 - 11:40AM JST

Sony’s announcement means that Stringer is the latest foreigner to leave a top position at a Japanese company in recent months

Yup, the ships are deserting the sinking rats.
-3

Sarcasm321Feb. 02, 2012 - 01:02PM JST

Great! Another foreigner forced out by Japanese xenophobia and intransigence.
0

beowulfFeb. 02, 2012 - 01:21PM JST

Not much will change, Hirai was head of Sony Entertainment in America. Sony need to get back to doing what they did best.
1

The Munya TimesFeb. 02, 2012 - 03:01PM JST

He is 69 years old, took all the money he could and did nothing special, it makes no sense for him to stay any longer. Ibuka and Morita put their own money and their own lives into SONY, it meant a lot for them, the next generation of execs from Ohga on, just jumped on the stepwagon.

He was employed by SONY in hope he wouldn't come empty handed, brings his personal contacts, acquaintanceship and influence to successfully establish some advantageous business relations for SONY . Time out, Stringer can go home. Both, SONY and Stringer were rubbing their hands by hoping for some lucrative advantageous new business, they tried to milk one another. That's all, can come the magician with his wand.

It will go on forever until they empty SONY's b ank account to zero. And then the bankruptcy procedure to get out the rest and game is over.
0

The Munya TimesFeb. 02, 2012 - 03:03PM JST

amendment >>> That's all, can come the next magician with his wand.
0

anglootakuFeb. 02, 2012 - 10:13PM JST

Stringer is still Chairman of Sony
0

nihoncriticFeb. 02, 2012 - 11:11PM JST

Hirai seems to be not a bad choice at the moment. Howard Stringer's background is a CBS reporter. How he became CEO of a company which relies heavily on technology is beyond me. This move to give him the boot should have happened a long time ago.
0

NessieFeb. 02, 2012 - 11:13PM JST

Stepped down? And he didn't even find them cooking their books!
1

JohnBeckerFeb. 03, 2012 - 02:20AM JST

Sony appears to have largely given up on innovation, which is what made the company great all the way through the '80s. If they try to survive on "me too" products, they're done for.
0

ritzjpnFeb. 03, 2012 - 07:30AM JST

They should have fired him long time back...still he is there... Too bad .. Good luck Hirai San
0

anglootakuFeb. 04, 2012 - 12:05PM JST

Sony was declining a lot before stringer also, because they focused purely on their propriety Atrac music format during the 90s and 2000s only in 2003 or so they accepted Mp3 and other formats to their phones and walkman devices..