Sony Corp. (SNE,SON.L) has appointed Kazuo Hirai as president and chief executive, with effect from April 1, 2012, replacing Howard Stringer. Stringer, who would become Chairman of the board in June, 2012, has recommended to the board that Hirai, currently Executive Deputy President, be his successor as President and CEO.
Meanwhile, Stringer would continue as Chairman of Sony Corp. until his ascension to the Board Chairmanship, which would be effective upon board approval following the annual meeting of shareholders in June, when the current Chairman, Yotaro Kobayashi, would retire. Further, Hirai is expected to be named to the board at the June shareholders meeting.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.