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Howard Stringer resigns as Sony’s president.

howard stringerTokyo: Howard Stringer, head of Japanese games, music and electronics giant Sony, is to resign as the firm’s president, while remaining CEO and chairman,  reports said on Saturday.

The move puts his reported heir Kazuo Hirai, a games and music veteran who is presently executive deputy president, in the pole position to eventually conquest at the top of the company.

Stringer became chairman and chief executive in 2005 as the first foreign chief at Sony, and added the presidency to his roles in 2009.

The 69-year-old has discharged speculation that he will be stepping down at the end of the company’s fiscal year.

On the other hand, the 51-year-old Hirai has spent most of his careers at Sony in video games, movies, music and other software businesses, playing a foremost role in developing the PlayStation in the 1990s.

He was promoted to a deputy president in April previous year in a move seen by analysts as signaling a better focus on pushing content to manifold hardware platforms like game consoles, smart phones and tablet computers.

Last year, Stringer said that Hirai was an apparent candidate to succeed him as Sony’s leader.


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