Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. (SONY) stated in an announcement on Wednesday, following practically three many years with the Sony subsidiary that oversees PlayStation. Ryan, in an announcement, stated that whereas he was grateful for the time with the corporate, it had turn into “increasingly difficult to reconcile living in Europe and working in North America.” Sony Group Chief Financial Officer Hiroki Totoki will assume the function of chairman of Sony Interactive Entertainment in October, the corporate stated. On April 1, Totoki will likely be appointed interim CEO of that phase whereas holding his present duties at Sony Group, and assist with management succession. Shares of Sony Group had been up 0.4% after hours on Wednesday.

-Bill Peters

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09-27-23 1912ET

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