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Sony's gaming unit appoints new chief as profit falls, generational shift looms

Reuters  |  TOKYO 

(Reuters) - Corp said on Tuesday it had replaced the chief executive of its gaming unit with his British deputy, as profit falls and the company looks to the launch of its next console.

Interactive Entertainment said would become president and from April 1. The appointment comes days after the unit reported falling profits as its hit PlayStation 4 console nears the end of its lifecycle.

has said it is planning a but has not provided details such as a name or timing.

"This industry is relentlessly fast-moving, and to remain the we must constantly evolve ourselves with a sense of urgency," said of the appointment.

Incumbent John Kodera, who took up the role in Nov 2017, will become with a focus on the PlayStation's network business. His predecessor, Andrew House, was in the post for six years.

(Reporting by Sam Nussey; Additional reporting by Makiko Yamazaki; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 08:25 IST
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