PlayStation CEO Jim Ryan is Stepping Down and Retiring

8-Bit Eric (8BE) Jim Ryan is Stepping Down as CEO of PlayStation The CEO of PlayStation, Jim Ryan is stepping down next March. In a press release titled New Management Structure of Sony Interactive Entertainment, PlayStation head Jim Ryan announced his departure and plans to retire in the Spring of 2024. Hiroki Totoki will likely be replacing Jim Ryan as the current PlayStation CEO. The PlayStation Boss Jim Ryan is retiring as CEO of PlayStation and will be leaving the company. This is massive PlayStation news today that will likely have an impact on the next several years for the company. The PlayStation CEO cited the location of the job as one reason, but not much else. Jim Ryan retirement comes with what seems like a restructuring and we will see if someone longer-term replaces him.

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[-BitEric]

What are you thoughts on Jim Ryan leaving?

[Macktube]

Whether you like him or not you can't deny he's definitely helped Sony financially and from a business standpoint kept them on top he prioritizes Good Financial moves and Playstation is in a better place since PS3 era. Hopefully the new CEO improves communication with studios and two tweaks some of the current policies

[benuk]

Has to be related to the Sony hack some how

[oriongear]

I hope whoever replaces Jim Ryan will get rid of Sony’s PS Censorship guidelines so that JRPG and Indie Devs can release their games on the PS4 and PS5 without being unjustly scrutinized by Sony.

[gloriathomas]

Its quite misleading to say that the was fired. What people don't realize is that Sony Corp as a Japanese company has mandatory retirement i.e. senior executives have to step down once they reach or about to reach a certain age threshold. This is what happened to Howard Stringer and Kaz Hari.

[CiNiSTa]

Wait what!.... you in texas wrestling...i live in texas

[michaelbarattin]

I have to admit Eric, I’m excited too. New blood can be a very good thing.

[JenMistress]

Kinda funny, you posted this not only during tonight's gaming session, but was listening in the background audio videos from another Polarizing Jim, Jim Cornette. 😉😂🤣

[jordanking]

Jim Ryan retiring is the best news I've heard all day. The things he's done at the helm of PlayStation lately, have been nothing short of appalling. Least of which his GOD AWFUL statement when he said 'oh who wants to play old games on a next gen console?'. Newsflash Jim, PLENTY OF PEOPLE All I can say is, whoever is taking his place, I HOPE they can get either future iterations of the PS5 or the new successors of the consoles, BACK to its glory days.

[portalplayer]

i didnt like the silence from playstation for the last 5-6 years, barely any communications from anyone.. i dont know if that is ryan's decision or not. Ryan also didnt do any on camera interviews, he barely communicated to the public at all. also playstation needs to stop with the multiplayer games direction, that's not something i want.

[YokiBrewster]

It’s abrupt but if the heads of Sony are moving pieces like these it’s because they want to move in a more SUCCESSFUL direction and they have all the pieces, it’s just maximizing what they have. the subscription service price hike, the PSVR hype basically being dead, the PS Portal being the device none of us asked for… all of this could be remedied and forgiven if they give the PS5 a significant price cut… especially considering the upcoming Xbox refresh is going to retail for the same $499. Side note: Sony and Microsoft both getting hacked in the same week is crazy and I wonder how much of both companies trajectories will change based off the intel that was shared.