Jim Ryan, CEO of PlayStation, says goodbye to the company after 28 years

Jim Ryan, CEO of PlayStation, says goodbye to the company after 28 years

28. September 2023 by miranda angeles

A few hours ago, it was announced that the CEO and president of Sony Interactive Entertainment is stepping down from his position. After spending more than 28 years working with the campaign, Jim Ryan says goodbye to the campaign.

Jim Ryan, PlayStation CEO, says farewell to the company after 28 years

Jim Ryan, CEO and president of Sony Interactive Entertainment (SIE) has revealed that he will be leaving the company after working there for nearly 30 years. According to details in the official announcement, the top executive has decided independently. On the other hand, it has been reported that transferring his position is already underway; however, Jim Ryan will continue to hold his position in the multinational video game company until March 2024.

In turn, it has been reported that Ryan’s replacement will be Hiroki Totoki, the current chief operating officer and financial officer of Sony Group Corporation. Totoki, meanwhile, will take the reins of the presidency of SIE in two stages. The first stage begins in October this year. Subsequently, in April 2024, Totoki will be appointed as the company’s acting CEO.

Jim Ryan bids farewell to position and announces a new phase in his life

SIE’s CEO and president have made an official announcement to bid farewell to his job. In Ryan’s official statement, the executive commented that after working almost 30 years with this great company, he had decided to retire in March next year.

On the other hand, Ryan has commented that the opportunity to work in an organization of this magnitude has been incredible, and he appreciates every minute of work. On the other hand, he has also appreciated the opportunity to work with great partners throughout his career. However, Ryan comments that he has made this decision because he finds it increasingly difficult to combine his work in North America with his personal life in Europe.

On the other hand, the entrepreneur also expressed his appreciation for working for a great company whose products have impacted the lives of millions of people around the world. He also praised his bosses for all the trust they have placed in him. In addition, Ryan was optimistic about the future of SIE, PlayStation’s parent company.

Jim Ryan’s Career

The 63-year-old entrepreneur began his career at Ford, Amstrad, and Oracle before joining SIE’s European legal department. Over the years, Jim Ryan rose through the ranks to become president of the company. Since then, Ryan has held various positions at the video game giant. He also served as the top sales and marketing manager in these positions.

Since 2018, Ryan has been the president and CEO of SIE, and in that role, he oversaw the launch of the PlayStation 5. Recall that the PS5 was a console that struggled at first due to supply issues caused by the pandemic. However, it has since managed to outsell its main rival, Microsoft, with its Xbox X Series and Xbox S Series.