Sony announces new PlayStation leaders after Jim Ryan's retirement

Sony is appointing co-CEOs Hermen Hulst and Hideki Nishino to lead its PlayStation business from June 1. Herman Hulst, who currently serves as PlayStation Studios head, will be appointed as CEO of Sony Interactive Entertainment (SIE) Studios Business Group. Hideki Nishino will be appointed CEO of SIE's Platform Business Group, and will report to both Sony CFO and SIE President Hiroki Totoki.

The unusual appointment of a co-CEO comes just months after former PlayStation boss Jim Ryan retired. Totoki had been serving as SIE's interim CEO and SIE was working to find a successor for the CEO role, but Sony has now decided to split responsibilities to further grow its PlayStation business across platforms and games. Wants to do. Nishino and Hulst are both Sony veterans, with Nishino having held multiple roles at Sony for more than 20 years.

It is the first time that Sony has appointed a co-CEO to run its PlayStation business, and it comes amid a games industry that has been battling layoffs for the past 18 months. Sony laid off 900 PlayStation employees earlier this year and closed its London studio in the UK, which developed PlayStation VR games. Microsoft laid off 1,900 Activision and Xbox employees earlier this year and then shuttered Bethesda Studios. relapse And hi-fi rush Another round of layoffs last week.

Sony's announcement of new PlayStation leaders also comes just hours before its latest earnings report. Sony lowered its PS5 console sales forecasts last quarter, so all eyes are now on the number of PS5 units the company managed to sell in its 2023 fiscal year ending March 31. We may also get more hints about Sony's ambitious PlayStation PC plans.

During an earnings call earlier this year, SIE Chairman Hiroki Totoki also discussed Opportunity to develop PlayStation games on PC/Multiplatform. Totoki said, “In the past, we wanted to popularize consoles… but there's a tradeoff.” “So if you have strong first-party content, not only with our consoles, but also for other platforms like computers, then the first-party can be developed with multi platforms and that helps improve operating leverage.” Help may be available.”

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