PLAYSTATION SPLITS CEO ROLE IN TWO AFTER JIM RYAN'S RETIREMENT

Sony Interactive Entertainment (SIE) has restructured its leadership with the appointment of Hermen Hulst and Hideaki Nishino as joint successors to the retired Jim Ryan. Hulst will serve as CEO of SIE's Studio Business Group, focusing on PlayStation Studios and related TV and film projects, while Nishino will oversee the Platform Business Group, managing hardware, PSN, and third-party relations. The announcements follow a period of changes, including layoffs and studio closures at PlayStation. Sony's Hiroki Totoki, previously acting interim CEO, will now occupy the chairman role, supporting the newly appointed CEOs and continuing his corporate duties for Sony.

Hermen Hulst has been named CEO of SIE's Studio Business Group and Hideaki Nishino will become CEO of SIE's Platform Business Group.

Background Information: Hermen Hulst is known for his prior role as the head of PlayStation Studios, managing the development of first-party PlayStation games. Under his lead, PlayStation Studios has launched critically acclaimed titles that have been instrumental in defining the PS4 and PS5's success. Hideaki Nishino has played a key part in the development of the PlayStation platform's user experience as the Senior Vice President of Platform Experiences, contributing to PlayStation's strong presence in the gaming industry. With the PlayStation 5's release, both Hulst and Nishino have significant roles to play in shaping the future of gaming experiences for Sony Interactive Entertainment.