Jim Ryan

PlayStation’s Jim Ryan To Retire In 2024

Sony Interactive Entertainment CEO Jim Ryan has decided to step down from his role four years after he took the reins at PlayStation. The news comes weeks away from Marvel’s Spider-Man 2, which is set to launch on October 20, 2023. Bloomberg’s Jason Schreier first reported the notice.

“After 30 years, I have made the decision to retire from SIE in March 2024,” Ryan said via statement. “I’ve relished the opportunity to have a job I love in a very special company, working with great people and incredible partners. But I’ve found it increasingly difficult to reconcile living in Europe and working in North America.”

A career spanning 30 years will officially end in April, 2024. Beginning in October 2023, Sony Group Corporation President, COO and CFO Hiroki Totoki will assume the role of Chairman of SIE. Then, effective April 1, 2024, Totoki will be appointed as Interim CEO of SIE while working with Sony Group Corporation Chairman and CEO Kenichiro Yoshida and the management at SIE to plot the future of PlayStation. This decision includes the next SIE CEO.

In 2019, Ryan was promoted to the role of SIE CEO, taking over from John Kodera. Since then, he’s helped the PlayStation brand continue to thrive through a pandemic, a time when consoles, let alone electronics, were hard to find in stores. Eventually, PlayStation confirmed that the concern of no longer finding consoles on shelves would be an issue.

“I would like to express my heartfelt gratitude to Jim Ryan for his outstanding achievements and contributions over his 30-year career at Sony, including the great success of launching the PlayStation 5,” says Hiroki Totoki. “The PlayStation business managed by SIE is an essential part of Sony Group’s entire business portfolio. I will work with Jim and the senior management team closely to ensure our continued success and further growth. I am also looking forward to creating the exciting future of PlayStation and the game industry together with everyone at SIE and its business partners.”