PlayStation boss Jim Ryan is leaving Sony next spring

PlayStation boss Jim Ryan is leaving the company. according to a press release from Sony Interactive Entertainment. Ryan has served as President and CEO since his appointment in 2018. Ryan’s tenure at Sony has spanned nearly 30 years, during which he has held numerous leadership positions, including as head of Sony Europe after former SIEE President Andrew House passed the torch in 2011.
Why is Jim Ryan leaving Sony?
“I am finding it increasingly difficult to balance living in Europe and working in North America,” Ryan said in the press release. “I will leave having had the privilege of working on products that have touched millions of lives around the world. PlayStation will always be a part of my life and I’m more optimistic than ever about the future of SIE. I would like to thank Yoshida-san for trusting me so much and being an incredibly sensitive and supportive leader.”
Ryan will remain with the company until March 2024. Effective April 1, 2024, Hiroki Totoki, President, COO and CFO of Sony Group Corporation, will step in as interim CEO of SIE, reporting to Sony CEO Kenichiro Yoshida. Effective October 2023, Sony Interactive Entertainment will appoint Totoki as chairman to support PlayStation ahead of Ryan’s exit.