Saturday, March 9, 2013

Stringer to Leave as Sony Chairman

Stringer to Leave as Sony Chairman

Howard Stringer, Sony Corp.’s former chief executive and current board chairman, plans to retire from the company in June, marking the end of a tumultuous tenure for the British-born executive at the helm of one of Japan’s most iconic companies.

In a speech to the Japan Society in New York, Mr. Stringer, who became Sony’s CEO in 2005 before stepping down last year and remained the company’s nonexecutive chairman, said he plans to retire from Sony at the end of his tenure to “move forward with new opportunities I’ve been presented with lately.”

The 71-year-old Mr. Stringer, a former head of CBS and an ex-journalist, didn’t specify what he planned to do aside from accepting board directorships in areas of interest to him in medicine and education.

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