Sony Interactive Entertainment (SIE) CEO and President Jim Ryan has announced that he will resign in March 2024, officially citing the increasing difficulty in reconciling his family life in the UK with his work position in the United States.
Starting April 1, 2024, his position will be filled by Hiro Totoki, at least temporarily. In fact, the executive will continue to serve as Sony’s chief operating officer, working with company management as interim CEO to find a new captain for Sony Interactive Entertainment and define the future of PlayStation.
I have decided to resign from SIE in March 2024 after 30 years. I’m grateful for the opportunity to do a job I love at a very special company, working with great people and incredible partners. But I found it increasingly difficult to balance life in Europe and work in North America. I’m leaving because I’ve been lucky enough to work on products that have impacted the lives of millions of people around the world. PlayStation will always be a part of my life and I’m more optimistic than ever about SIE’s future. I would like to thank Mr. Yoshida for having such faith in me and for being a very sensitive and supportive leader. —Jim Ryan, CEO, Sony Interactive Entertainment
Jim Ryan has been part of SIE since 1994 (the launch of the first PlayStation) and held a variety of roles within Sony’s gaming division, helping to strengthen the PlayStation brand’s presence in Europe before becoming CEO in 2019. As such, he was responsible for the stellar launch of the PlayStation 5 despite initial production difficulties due to the pandemic and the semiconductor crisis.
In this regard, Sony’s financial report in early August revealed that Sony console sales were 41.7 million copies, of which 3.3 copies were sold in the first fiscal quarter of 2023, far exceeding the 21 million copies of the Xbox series. In addition, Ryan also made a strategic acquisition of Bungie. Sony invested $3.6 billion in the former Xbox bastion. The manager’s strengths are therefore obvious, as is his tendency to take controversial stances.
Jim Ryan has also been criticized for defending the PS4’s initial lack of backwards compatibility, disparaging PS1 and PS2 games in the Gran Turismo series, and advising employees not to discuss abortion after the Wade v. Wade ruling was overturned. Known for taking a stand on issues. roe. Furthermore, during the legal battle over Microsoft’s acquisition of Activision Blizzard, he repeatedly put himself in the spotlight, but usually not in a positive way, going so far as to say that publishers “unanimously don’t appreciate Game Pass because it destroys value, not that” . Not just games, but the entire industry. ”
Despite the escalating competition between PlayStation and Xbox, Phil Spencer, CEO of Microsoft’s gaming division, wanted to acknowledge the merits of Jim Ryan in a post on X .