PlayStation CEO Jim Ryan is stepping down
Sony Interactive Entertainment CEO and president Jim Ryan is set to step down from his position, the company has confirmed.
“Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in March 2024 after almost thirty years with the PlayStation business,” Sony said in a statement on Wednesday.
“To support Mr. Ryan in his transition, Sony Group Corporation President, COO and CFO Hiroki Totoki will assume the role of Chairman of SIE effective October 2023. Effective April 1, 2024, Mr. Totoki will be appointed Interim CEO of SIE while he continues his current role at Sony Group Corporation.
“Mr. Totoki will work closely with Sony Group Corporation Chairman and CEO Kenichiro Yoshida and the management team of SIE to help define the next chapter of PlayStation’s future, including the succession of the SIE CEO role.”
In his own statement, Jim Ryan cited difficulties juggling his home life in Europe and work responsibilities in North America.
“After 30 years, I have made the decision to retire from SIE in March 2024,” he said. “I’ve relished the opportunity to have a job I love in a very special company, working with great people and incredible partners. But I’ve found it increasingly difficult to reconcile living in Europe and working in North America.
“I will leave having been privileged to work on products that have touched millions of lives across the world; PlayStation will always be part of my life, and I feel more optimistic than ever about the future of SIE. I want to thank Yoshida-san for placing so much trust in me and being an incredibly sensitive and supportive leader.”
Sony group CEO Kenichiro Yoshida said: “Jim Ryan has been an inspirational leader throughout
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