Sony says former CEO Kazuo Hirai to leave firm

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Hirai led a major and successful overhaul at the Japanese electronics giant.

TOKYO: Sony chairman Kazuo Hirai, who led a major and successful overhaul at the Japanese electronics giant, announced Thursday he would be leaving the firm after 35 years.

The company veteran was tapped in April 2012 to revive the once-iconic manufacturer of the Walkman, which was then suffering from huge losses largely tied to a hard-hit consumer electronics business. He had handed over last year as CEO to Kenichiro Yoshida, whom he praised for his “strong leadership” that was to lead to an “even brighter future for Sony”.

 

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