Sony shareholders vote to keep CEO and executives

Sony’s executives will retain their positions, following a vote by investors to decide the fate of several key staff members.

The AP reports CEO and president Kazuo Hirai and other executives were heckled by multiple investors in attendance throughout the presentation.

Hirai apologized for not being more proactive with making changes to the company in the face of its ongoing losses.

"The best way to build our future is for Sony to remain Sony, and realize our motto to become a company that inspires and fulfills your curiosity," Hirai said – adding that "the money-losing structure" will be resolved during this fiscal year.

Sony ended its most recent fiscal year with a net loss of 128.4bn, though the strong performance of its PlayStation 4 console has helped the firm increase sales and operating revenue.

About MCV Staff

Check Also

97e8fb73 f309 4ff6 b444 c104b821f97c [Industry news] Universally Speaking launches QA Academy

[Industry news] Universally Speaking launches QA Academy

A free two-week Game Testing Bootcamp in Liverpool is the first step of the new programme, giving ten local aspiring testers hands-on industry training.