Sony CEO Jim Ryan to Retire in 2024

Sony Interactive Entertainment President and CEO Jim Ryan is set to retire from the company in March 2024, marking the end of an impressive career spanning over three decades. Sony has officially announced this transition, and it comes as a significant change in the leadership of the tech giant’s gaming division.

Hiroki Totoki, the current President, COO, and CFO of Sony Group Corporation, will step in as the interim CEO following Jim Ryan’s departure. This move is expected to bring fresh perspectives and strategies to Sony’s gaming division.

A Remarkable Journey at Sony

Jim Ryan assumed the role of PlayStation CEO in 2019, succeeding John Kodera. However, his journey at Sony began much earlier, in 2004, when he joined Sony Interactive Entertainment Europe. Over the years, Ryan has held various leadership positions within the company, showcasing his dedication and expertise.

His notable roles included serving as the President of SIEE, leading Global Sales and Marketing at SIE, becoming the Deputy President of SIE in January 2018, and ultimately taking on the role of President and CEO of SIE.

“After 30 years, I have made the decision to retire from SIE in March 2024. 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,” Ryan said.

Jim Ryan expressed his gratitude for the enriching experiences during his tenure, stating, “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.”

Notable Achievements

During Jim Ryan’s leadership, PlayStation achieved several significant milestones. One of the most noteworthy was the successful launch of the PlayStation 5, which marked a new era in gaming with its cutting-edge technology and impressive game library.

Furthermore, Ryan played a crucial role in attempting to block Microsoft’s acquisition of Activision Blizzard, a move that highlighted Sony’s commitment to maintaining a competitive edge in the gaming industry.

Despite facing challenges such as stock shortages due to the global semiconductor shortage, Jim Ryan reassured customers that Sony was committed to making the PlayStation 5 available as quickly as possible. This dedication paid off, with Sony selling over 40 million PS5 consoles since its launch in 2020.

As Jim Ryan prepares to pass the torch to Hiroki Totoki, the gaming community eagerly anticipates the future of Sony Interactive Entertainment under new leadership. The industry will be closely watching to see how Sony continues to innovate and shape the gaming landscape.

Stay tuned for more updates on this significant development in the world of gaming.

Key Points
Jim Ryan, President and CEO of Sony Interactive Entertainment, will retire in March 2024.
Hiroki Totoki, current President, COO, and CFO of Sony Group Corporation, will serve as interim CEO.
Jim Ryan’s career at Sony began in 2004, and he held various leadership positions before becoming CEO in 2019.
Under Jim Ryan’s leadership, Sony successfully launched the PlayStation 5 and worked to maintain its competitive position in the gaming industry.
Sony has sold over 40 million PlayStation 5 consoles since the console’s launch in 2020.

For more information, you can read the official announcement on Sony’s website.


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