Sections

Sony appoints new CFO

Kenichiro Yoshida will replace outgoing Masaru Kato on April 1

Sony has appointed Kenichiro Yoshida as its new chief financial officer, replacing current CFO Masaru Kato.

The swap will take place on April 1, at which time Kato will become vice chairman for the company, with a focus on overseas operations - specifically those in China.

Yoshida was named Sony's chief strategy officer in November last year, but he also took the role of deputy CFO the following month. According to Bloomberg, Sony CEO Kaz Hirai was considering succession plans for Kato at that time.

The new appointment comes at a difficult time for Sony, despite the success of the PlayStation 4. WIth many of its key business units struggling, Kaz Hirai is attempting to cut costs through redundancies, closures and the sale of real estate.

At the end of January this year, Sony's credit rating was cut to "junk" by Moody's Investors Service.

If you have jobs news to share or a new hire you want to shout about, please contact us on newhires@gamesindustry.biz

Related stories

Sony looking for new markets for PSVR - Report

Company's location-based entertainment unit to find other uses for VR tech after slower-than-expected consumer adoption

By Brendan Sinclair

PlayStation 3's lifespan winding down

Sony Japan says shipments for its previous generation console will be ending soon

By Brendan Sinclair

Latest comments

Sign in to contribute

Need an account? Register now.