Sony Corp. is gearing up to promote Executive Deputy President Kazuo Hirai to president and let CEO Howard Stringer, concurrently president and chairman, focus on the chairmanship, sources said Saturday.
They said hopes are growing that the 51-year-old Hirai, credited with revamping Sony's gaming and TV businesses, will be able to shore up the bottom line as the company anticipates a fourth consecutive year of consolidated net loss.
Some people in the company blame Stringer, 69, for having been unable to pull Sony out of its earnings slump, the sources said.
(Japan Times)
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