Sony has announced that PlayStation CEO Jim Ryan is stepping down from his role and will retire in March 2024. Hiroki Totoki will become the Chairman of Sony Interactive Entertainment in October 2023 then take over as the company’s interim CEO on April 1, when Ryan officially retires.
“After 30 years, I have made the decision to retire from SIE in March 2024. I’ve relished the opportunity to have a job I love in a very special company, working with great people and incredible partners,” Ryan said in a statement.
Totoki added, “I would like to express my heartfelt gratitude to Jim Ryan for his outstanding achievements and contributions over his 30-year career at Sony, including the great success of launching the PlayStation 5.”