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Thursday April 26, 2007 10:35 pm

Kutaragi To Retire In June

Ken KutaragiShakeups just seem to keep coming at Sony Computer Entertainment, as today it was announced that Ken Kutaragi, current Chairman will be retiring from his position effective June 19, 2007. Sony’s press release indicates that Kutaragi will become Honorary Chairman of SCEI, but it is hard to see this move as anything but related to the inability of the PlayStation 3 to live up to Sony’s expectations. Kutaragi, known generally as the father of the PlayStation, has left an indelible mark on the industry, allowing Sony to become a major force – while Sony’s been hit by a lot of bad press about the PlayStation 3, one can still admire the hardware powering the console. Kaz Hirai has been named as Kutaragi’s successor. Overall, this seems to be part of a larger reorganization at Sony, and time will tell if these moves help the company turn around sales of their new console.

Read More | Sony Computer Entertainment, Inc.

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