{"id":222128,"date":"2025-01-29T13:41:54","date_gmt":"2025-01-29T13:41:54","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=222128"},"modified":"2025-01-29T13:53:43","modified_gmt":"2025-01-29T13:53:43","slug":"hiroki-totoki-named-new-ceo-of-sony-group-kenichiro-yoshida-to-remain-as-chairman1","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/hiroki-totoki-named-new-ceo-of-sony-group-kenichiro-yoshida-to-remain-as-chairman1\/","title":{"rendered":"Hiroki Totoki named new CEO of Sony Group; Kenichiro Yoshida to remain as Chairman"},"content":{"rendered":"<p class=\"p1\">Big news from Sony Music Group&#8217;s parent company, Sony Group in Japan:<\/p>\n<p class=\"p1\">Hiroki Totoki, who has led Sony Group Corporation\u2019s growth in entertainment content, has been named the company&#8217;s new Chief Executive Officer, effective April 1, 2025.<\/p>\n<p class=\"p1\">Current CEO <b>Kenichiro Yoshida<\/b>, who was appointed in February 2018, will remain as Chairman.<\/p>\n<p class=\"p1\"><b>Hiroki Totoki <\/b>previously served as President, Chief Operating Officer, and Chief Financial Officer since 2023. He will retain his position as President while adding the CEO responsibilities.<\/p>\n<p class=\"p1\">The appointment was unanimously approved by Sony&#8217;s Board of Directors following a proposal from current CEO Yoshida.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__tweeny hidden-xs hidden-ms hidden-sm\" data-loaded=\"no\" data-sizes=\"992 1200 1440\" data-name=\"628x90 Sponsor banner #5 (992+1200+1440)\" data-params=\"dfp_sponsor5_628\" id=\"dfp_sponsor5_628\"><\/div>      <div class=\"mb-advert mb-advert__banner mb-advert__banner--inline hidden-xs hidden-sm hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"480\" data-name=\"468x60 Sponsor banner #5 (480)\" data-params=\"dfp_sponsor5_468\" id=\"dfp_sponsor5_468\"><\/div>      <div class=\"mb-advert mb-advert__mobile mb-advert__mobile--inline hidden-ms hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"320 768\" data-name=\"300x50 Sponsor banner #5 (320+768)\" data-params=\"dfp_sponsor5_300\" id=\"dfp_sponsor5_300\"><\/div>      <\/div>      <\/p>\n<p class=\"p1\">The leadership change comes as Sony continues its transformation from a traditional electronics manufacturer to a global entertainment and technology giant.<\/p>\n<p class=\"p1\">As part of the reorganization, Sony said it will introduce a new management structure with clearer role definitions.<\/p>\n<p class=\"p1\">The company will designate leaders of major business units as &#8220;Business CEOs&#8221; and those overseeing group-wide functions as &#8220;Chief Officers.&#8221;<\/p>\n<p class=\"p1\">The following Chief Officers were announced alongside Totoki&#8217;s promotion:<\/p>\n<ul>\n<li class=\"p1\"><b>Lin Tao<\/b> will become Sony&#8217;s first female Chief Financial Officer<\/li>\n<li class=\"p1\"><b>Toshimoto Mitomo<\/b> will continue as Chief Strategy Officer<\/li>\n<li class=\"p1\"><b>Tsuyoshi Kodera<\/b> remains Chief Digital Officer<\/li>\n<li class=\"p1\"><b>Yasuhiro Ito<\/b> takes on the new role of Chief People Officer<\/li>\n<li class=\"p1\"><b>Hiroaki Kitano <\/b>has been appointed Chief Technology Fellow<\/li><\/ul>\n<p class=\"p1\">Outgoing CEO Yoshida said he proposed Totoki\u2019s appointment based on his achievements since being appointed President and COO in April 2023.<\/p>\n<p class=\"p1\">\u201cTotoki has been a key member of the management team ever since I became President and CEO in April 2018. He spearheaded growth strategies for the Sony Group, such as our investments in content IP and semiconductors, and is a leader capable of shaping our vision and strategy for future growth. Going forward, I will support Totoki as he leads his new management team,\u201d Yoshida said.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #1\" data-params=\"dfp_spu1\" id=\"dfp_spu1\"><\/div>      <\/div>      <\/p>\n<p class=\"p1\">Commenting on his appointment, Totoki said, &#8220;I am incredibly honored and humbled to have been entrusted with the important role of President and CEO. At the same time, I am looking forward to working as CEO with our approximately <b>110,000<\/b> employees to further evolve and grow Sony.\u201d<\/p>\n<blockquote>\n<p class=\"p1\">[Hiroki Totoki] spearheaded growth strategies for the Sony Group, such as our investments in content IP and semiconductors, and is a leader capable of shaping our vision and strategy for future growth.&#8221;<\/p>\n<p><span style=\"color: #000000;\">Kenichiro Yoshida, Sony Group<\/span><\/p><\/blockquote>\n<p class=\"p1\">Totoki expressed his commitment to building on the company&#8217;s success and advancing Sony&#8217;s &#8220;Creative Entertainment Vision\u201d announced in May 2024. The strategy outlines Sony\u2019s plans over the next 10 years.<\/p>\n<p class=\"p1\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #2\" data-params=\"dfp_spu2\" id=\"dfp_spu2\"><\/div>      <\/div>      <\/p>\n<p>Sony Group is the parent company of Sony Music Group, the umbrella company for Sony\u2019s recorded music and publishing operations outside of Japan.<\/p>\n<p>As such, it houses both\u00a0<a class=\"link-relationship\" style=\"box-sizing: border-box; background: transparent; color: unset !important; text-decoration: none; outline: none !important; border-bottom: 1px dashed #ff7d00;\" title=\"Companies &gt; Sony Music Entertainment [1,782 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/sony\/sony-music-group\/sony-music-entertainment\/\">Sony Music Entertainment<\/a>\u00a0(home to Columbia,\u00a0<a class=\"link-relationship\" style=\"box-sizing: border-box; background: transparent; color: unset !important; text-decoration: none; outline: none !important; border-bottom: 1px dashed #ff7d00;\" title=\"Companies &gt; Epic Records [323 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/sony\/sony-music-group\/sony-music-entertainment\/epic-records\/\">Epic<\/a>, RCA and other labels) as well as the world\u2019s biggest music publishing company, Sony Music Publishing (led by Chairman\/CEO Jon Platt).<\/p>\n<p>Sony Music Group (SMG) launched on August 1, 2019, and is run by its Chairman,\u00a0Rob Stringer\u00a0\u2013 who is also CEO of Sony Music Entertainment.<\/p>\n<p>The move brought the company in line with the other majors, <a class=\"link-relationship\" style=\"box-sizing: border-box; background: transparent; color: unset !important; text-decoration: none; outline: none !important; border-bottom: 1px dashed #ff7d00;\" title=\"Companies &gt; Universal Music Group [3,908 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/universal-music-group\/\">Universal Music Group<\/a>\u00a0and\u00a0<a class=\"link-relationship\" style=\"box-sizing: border-box; background: transparent; color: unset !important; text-decoration: none; outline: none !important; border-bottom: 1px dashed #ff7d00;\" title=\"Companies &gt; Warner Music Group [3,089 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/access-industries\/warner-music-group\/\">Warner Music Group<\/a>, both of which also house recorded music and publishing entities as Sony\u2019s competitors.<\/p>\n<p>SMG reports directly into\u00a0<a class=\"link-relationship\" style=\"box-sizing: border-box; background: transparent; color: unset !important; text-decoration: none; outline: none !important; border-bottom: 1px dashed #ff7d00;\" title=\"Companies &gt; Sony [2,065 articles]\" href=\"https:\/\/www.musicbusinessworldwide.com\/companies\/sony\/\">Sony Corporation<\/a>\u00a0in Tokyo.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leadership shakeup to be effective April 1, 2025<\/p>\n","protected":false},"author":38,"featured_media":222147,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[133579,133580,133465,227,3351,128819],"class_list":["post-222128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hiroki-totoki","tag-kenichiro-yoshida","tag-sony-group","tag-sony-music","tag-sony-music-entertainment","tag-sony-music-group"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/222128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=222128"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/222128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/222147"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=222128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=222128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=222128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}