Sony's Howard Stringer consolidates power as president resigns

Fri, Feb 27th, 2009

If you thought Sony's economic woes and unprecedented layoffs would bring an end to Sir Howard Stringer's reign at Sony, think again. It's Sony president, Ryoji Chubachi, that will step down in April leaving Sir Howard to take over the presidency in addition to his current roles as chairman and CEO. Chubachi will become a vice chair while Stringer takes direct control of Sony's core electronics division. Don't let us down Howie.

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