Sony Corporation of America Names New CEO and President
April 10th, 2012 by admin
Eric Parker • April 2, 2012
Chairman, CEO and President of Sony Corporation Sir Howard Stringer, and Executive Deputy President Kazuo Hirai announced Michael Lynton as CEO for Sony Corporation of America, effective June 27. Lynton will oversee Sony Music Entertainment, Sony/ATV Music Publishing and Sony Pictures Entertainment.
No management changes are planned at Sony Pictures where Lynton will continue to serve as Chairman and CEO with his Co-Chair, Amy Pascal. Lynton will remain in Culver City and travel to New York to fulfill forthcoming duties.
Nicole Seligman has additionally been made Sony Corporation of America President. She will have responsibility for operations at Sony’s U.S. headquarters, overseeing legal, finance, human resources, investor relations and communications surrounding the entertainment businesses. Seligman will remain as Executive Vice President and General Counsel of Sony Corporation, continuing work in both New York and Tokyo.
Both Lynton and Seligman will report to Hirai.
The promotions are part of a series of management transitions implemented at Sony. On April 1st, Hirai became CEO and President of Sony Corporation.
Stringer, who has been Chairman and CEO of Sony Corporation of America since 1998, will continue through June 27, when he is expected to become Chairman of the Sony Board of Directors.
“Michael Lynton is an incredibly accomplished executive who has distinguished himself in at least three different fields – entertainment, technology and publishing,” said Stringer. “Michael is absolutely the right choice to succeed me as CEO of SCA.
“Having worked so closely with Nicole Seligman for more than a decade, I know her to be a superb leader with great intelligence and integrity. There is no one better suited to serve as SCA President.”
Sony Corporation of America, based in New York, NY, is the U.S. subsidiary of Sony Corporation, headquartered in Tokyo, Japan.