Computer Business: Hirai and Company

computer business: The 58-year-old, who ceded the role of chief executive officer to Kenichiro Yoshida in April 2018, will continue to advise the company after his retirement, Sony said in a statement, according to The Japan Times. Shuzo Sumi of Tokio Marine Holdings Inc. was nominated to become chairman of the board. ; Hirai, who took over as CEO from Howard Stringer in 2012, turned the company's fortunes around by paring back and refocusing its operations. Chairman Kazuo Hirai, the architect of a turnaround at the once-dominant electronics giant, will retire in June after spending more than three decades at the company. With Yoshida's support, Hirai sold off the Vaio personal computer business, reshaped the television set unit and pulled the mobile business back from a destructive fight for market share. Profits hit a record last year as he ceded the CEO role. He also invested heavily in the Play Station games business and image sensors used in smartphones, now major drivers of the firm. (news.financializer.com). As reported in the news.

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