Sony Interactive Entertainment President and CEO Jim Ryan will retire from the company in March 2024, after more than 30 years of service. Sony has announced that Hiroki Totoki, the current President, COO, and CFO of Sony Group Corporation, will serve as interim CEO.
Jim Ryan assumed the role of PlayStation CEO in 2019, succeeding John Kodera. He first joined Sony in 2004 at Sony Interactive Entertainment Europe. Since then, Ryan has had a distinguished career, holding multiple leadership positions, including President of SIEE, Head of Global Sales and Marketing at SIE, Deputy President of SIE since January 2018, and finally President and CEO of SIE.
“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,” Ryan said.
He added, “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.”
Jim Ryan’s most notable roles at SIE and PlayStation have been the launch of the PlayStation 5 and his attempt to help block Microsoft’s acquisition of Activision Blizzard. Since the PS5 launched, Ryan has assured customers that Sony will continue to make the units available as quickly as possible, despite stock shortages due to supply chain issues stemming from the global semiconductor shortage.
The situation has drastically improved, and Sony has sold over 40 million PS5 consoles since its launch in 2020.