PlayStation Boss Jim Ryan is Retiring Next Year

Hiroki Totoki will be appointed Interim SIE CEO afterwards.

Sony Interactive Entertainment CEO and President Jim Ryan is officially stepping down from his position next year.

SIE has recently released a statement to officially announce that Ryan will be departing the company in March 2024. He has been in the PlayStation business for almost thirty years already.

SIE confirmed that Sony Group Corporation President, COO and CFO Hiroki Totoki will be assuming the role of Chairman of SIE starting on October 2023. Starting on April 1, 2024, Totoki will be appointed Interim SIE CEO while he still continues his current role at Sony Group Corporation.

Here’s a statement from Jim Ryan:

“After 30 years, I have made the decision to retire from SIE in March 2024. I’ve relished the opportunity to have a job I love in a very special company, working with great people and incredible partners. But I’ve found it increasingly difficult to reconcile living in Europe and working in North America. I will leave having been privileged to work on products that have touched millions of lives across the world; PlayStation will always be part of my life, and I feel more optimistic than ever about the future of SIE. I want to thank Yoshida-san for placing so much trust in me and being an incredibly sensitive and supportive leader.”

Sony Group CEO Kenichiro Yoshida statement:

“Jim Ryan has been an inspirational leader throughout his entire period with us, but never more so than in overseeing the launch of PlayStation 5 in the midst of the global COVID pandemic. That extraordinary achievement made by the entire SIE team has been steadily built on and PlayStation 5 is on track to become SIE’s most successful console yet. I’m immensely grateful to Jim for all his achievements.”

“Respecting Jim’s decision to finish his long career at Sony leaves me with an important decision regarding his succession given the significance of the Game & Network Services business. We have discussed intensively and have determined the new management structure. We aim to achieve Sony Group’s further evolution and growth through bringing even greater success to the Game & Network Services Business.”

Upcoming Interim CEO of SIE Hiroki Totoki said:

“I would like to express my heartfelt gratitude to Jim Ryan for his outstanding achievements and contributions over his 30-year career at Sony, including the great success of launching the PlayStation 5. The PlayStation business managed by SIE is an essential part of Sony Group’s entire business portfolio. I will work with Jim and the senior management team closely to ensure our continued success and further growth. I am also looking forward to creating the exciting future of PlayStation and the game industry together with everyone at SIE and its business partners.”