Jim Ryan Stepping Down from PlayStation, Retiring March 2024; Hiroki Totoki Becoming Chairman of Sony Interactive Entertainment October 2023

Sony Interactive Entertainment has announced that President and CEO Jim Ryan will retire in March 2024 after 32 years with PlayStation. COO and CFO Hiroki Totoki will then become the Chairman of Sony Interactive Entertainment starting October 2023.

Further, starting April 1, 2024, “Totoki will be appointed Interim CEO of SIE while he continues his current role at Sony Group Corporation.” He will work with “Sony Group Corporation Chairman and CEO Kenichiro Yoshida and the management team of SIE” to manage the future of PlayStation.

Kenichiro Yoshida shared the following statement:

“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. 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.”

Jim Ryan shared the following statement:

“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. 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.”

Hiroki Totoki shared the following statement:

“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. The PlayStation business managed by SIE is an essential part of Sony Group’s entire business portfolio.

I will work with Jim and the senior management team closely to ensure our continued success and further growth. I am also looking forward to creating the exciting future of PlayStation and the game industry together with everyone at SIE and its business partners.”