Kaz Hirai is retiring from Sony

Sony chairman Kazuo “Kaz” Hirai has announced his retirement, drawing a 35-year career with the company to a close. Hirai stepped down as CEO a little over a year ago, passing the role to Kenichiro Yoshida, the CFO with whom he orchestrated Sony’s turnaround from a money-losing gadget maker to a profitable company focused on components and the PlayStation business.

Hirai will leave his chairman role on June 18th, but will continue to act as occasional “senior advisor” for the company upon the request of Sony’s management team. “Hirai-san and I have been working on management reforms together since December 2013,” says Yoshida in a statement. “While he will be retiring from both Chairman and our Board of Directors, we look forward to his...

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