Jim Ryan, the long-standing PlayStation head, has announced his retirement. Hiroki Totoki will step in as an interim CEO of Sony Interactive Entertainment following his departure.

Renowned PlayStation boss, Jim Ryan, decided to retire late last evening, paving the way for Hiroki Totoki to temporarily steer Sony Interactive Entertainment. Ryan's tenure at Playstation spanned almost three decades, and he played a significant role in significant milestones for the company, such as the PS5's launch in 2020.

Jim Ryan's leadership, particularly during the PS5's launch amidst the worldwide pandemic, was praised by Sony's managing director Kenichiro Yoshida. Yoshida affirmed that the PS5 is on track to be SIE's best-selling console due to the team's extraordinary accomplishments.

Ryan expressed his gratitude for the opportunity to work at PlayStation and apologized for the increasing difficulty he faced in managing his roles between Europe and North America. He reassured his optimism for SIE's future, thanked Yoshida for his trust and applauded his exceptional leadership skills.

The new interim CEO, Hiroki Totoki, gratefully recognized Ryan's significant contributions over his 30-year career at Sony, including assisting in the successful launch of the PS5. Totoki, who is also the President and COO of Sony Corporation, emphasized the importance of the PlayStation sector within Sony's business portfolio. He assured that he'd be closely collaborating with Ryan and the senior management team to ensure continued success and further growth.

As for the future of Sony, Hiroki Totoki, who also serves as the President and COO of Sony Corporation, is set to take on the reins as interim CEO of Sony's gaming division. Known for his steady leadership within the company, Totoki's focus will be on the maintenance and continued growth of the platform until a full-time replacement is selected.

With Ryan's departure marking a major turning point in Sony's recent history, both Yoshida and Totoki commended his significant contributions, making him an emblem for the company within the industry circles. We wish him the best for his retirement.