Hirai replaces Stringer as Sony CEO

Sony appointed Kazuo Hirai as president and chief executive officer, effective April 1, replacing Howard Stringer, who will become chairman of the board of directors in June.

Hirai is currently executive deputy president, and has “distinguished himself through his work in the PlayStation and networked entertainment businesses.”
Stringer says work on his succession started three years ago.
Sony will post quarterly financial results later this week.

Interestingly, Canon posted its own results earlier this week, and then appointed a new president.

The full announcement is here.