Sony Interactive Entertainment has revealed that Jim Ryan, longtime President and CEO, has decided to retire in March 2024 after almost 30 years with PlayStation.
Sony Group Corporation’s President, Hiroki Totoki, will be taking on the role of Chairman of SIE starting October 2023 to support Ryan’s exit, and will be made interim CEO of SIE starting April 1st, 2024 until the company decides on a more permanent successor.
“After 30 years, I have made the decision to retire from SIE in March 2024,” Ryan says in a press release. “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. 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.”
“Jim Ryan has been an inspirational leader throughout his entire period with us, but never more so than in overseeing the launch of PlayStation 5 in the midst of the global COVID pandemic,” adds Sony CEO Kenichiro Yoshida. “That extraordinary achievement made by the entire SIE team has been steadily built on and PlayStation 5 is on track to become SIE’s most successful console yet. I’m immensely grateful to Jim for all his achievements. Respecting Jim’s decision to finish his long career at Sony leaves me with an important decision regarding his succession given the significance of the Game & Network Services business. We have discussed intensively and have determined the new management structure. We aim to achieve Sony Group’s further evolution and growth through bringing even greater success to the Game & Network Services Business.”
