AAPL Stock: 112.12 ( + 2.62 )

Printed from

Sony's chairman Stringer to step down in June

updated 09:57 pm EST, Sat March 9, 2013

Stringer to step down as Sony chairman

Sir Howard Stringer, former CEO and current chairman of Sony, will step down from his position in June, it has been reported. The Sony chair's departure comes as the company struggles to regain ground in a number of consumer electronics segments. Sony,according to Reuters has not responded to requests for comment.

Stringer took the helm as Sony CEO in 2006 and stepped aside in April of 2012, handing the reins Kazuo Hirai. Under Stringer, Sony had looked to regain the prominence it had lost as other companies, including Samsung and Apple, rose to the top of the consumer electronics sector. Stringer moved into a new role as chairman, and Hirai promised to double down on mobile phones, tablets, and gaming.

Sony since has been engaged in a number of cost-cutting efforts, shuttering less profitable segments in order to focus on fewer core elements.

Stringer said his retirement would allow him to pursue "new opportunities." He will officially step down at Sony's shareholders' meeting in June.

by MacNN Staff




Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Polk Hinge Wireless headphones

Polk, a company well-established in the audio market, recently released a new set of headphones aimed at the lifestyle market. The Hin ...

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...


Most Commented