The surprising revelation that Jim Ryan will retire as Sony Interactive Entertainment’s President and CEO at the end of March 2024 has been, perhaps predictably, met with glee from most corners of the wider video game world. In addition to courting controversy on a number of occasions, the British executive’s tenure has largely been marred by a change in corporate goals: an emphasis on games as a service which has yet to really bear fruit, a lack of engagement with enthusiasts, and a blank slate of upcoming first-party releases.
Of course, Ryan alone will not be responsible for the entire division’s direction, and it’s unlikely that a new CEO will walk in and rip up all of the progress that’s been made under the current management’s stewardship. As such, we’d recommend you don’t expect a sudden shift away from live service software, PC ports, and even smartphone titles, which is another area the organisation has been investing in. Sony Group’s COO and CFO Hiroki Totoki will take charge on a temporary basis, and is likely to offer a steady hand while the firm searches for a full-time successor.
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This means it’s likely to be business as usual moving forwards, and there’s no real reason to assume PlayStation will be any different despite the departure of Ryan. It’s perhaps important at this point to underline just how effective the outgoing executive’s management has been: he’s helped PS5 outpace sales of the PS4 despite unprecedented stock shortages caused by the pandemic, and he also launched an entire console platform during a global lockdown. His wider tenure shouldn’t be ignored either: his early experiences running PlayStation Europe
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