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Top Sony Exec's Job Security In Danger

Posted on Wednesday, May 4 @ 08:21:00 PST by

The recent PlayStation Network data breach has cost Sony a lot. Gamers don't trust the corporation with their credit card information, and developers have missed out on potential sales and may not have faith in further profitability. The entire fiasco could end up costing Sony upwards of $24 billion, and it may end up costing key Sony executives their jobs.

Michael On, a fund manager at Beyond Asset Management in Taipei is calling for Sony Corporation CEO, Sir Howard Stringer, to step down:

The way Sony handled the whole thing goes to show that it lacks the ability to manage crises.

The current chief executive should step down after the hacker problems and the company's failure to push out products that are competitive.

Another Taipei-based fund manager chimed in, stating that head of PlayStation and Sony VP, Kaz Hirai, may not end up succeeding Stringer due to the situation:

The leadership of Sony is not in a good place right now, which could lead to Stringer stepping down and may sabotage Hirai's chances of succeeding as chief executive.

Do you feel that the PSN data breach is enough cause for these executives to step down?

Tags:   Sony, Kaz Hirai

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