Sony announced that its popular CEO, Jack Tretton, has just stepped down from this position within the company. The news was announced by Sony in a press release.
The press release from Sony revealed that this decision came as a mutual agreement between the two to not renew Tretton’s contract. Jack Tretton has been with Sony Computer Entertainment American since its founding, in 1995.
“A mutual agreement between Mr. Tretton and SCEA not to renew their contractual relationship,” the statement said.
The former President and CEO of SCEA said that he will be starting a new chapter in his life now. Jack Tretton said that the 19 years he spent with Sony were a “rewarding experience of my career.”
“Although I will deeply miss the talented team at SCEA and the passion demonstrated every day by our fans, I’m very excited about starting the next chapter of my career,” Tretton said. He went on to thank everyone for their commitment, including employees, partners and customers. Naturally, he mostly thanked fans for their interest in the PlayStation brand, which is one of the most successful Sony products at the moment.
Reports reveal that Jack Tretton will be replaced by Shawn Layden, who until now has served as the COO of Sony Network Entertainment International. Still, the replacement of Tretton is a surprise at this point.
Tretton has been the face of Sony for so many years that his own image is associated to the one of the company. Moreover, Sony is quite successful at the moment with its PlayStation 4, which has managed to achieve absolutely impressive sale figures. The sales for PlayStation 4 have reached 6 million units, more than the target that Sony set.
Moreover, under his watch PlayStation 4 has reached no less than 1 million units sold in the first 24 hours after its launch. Actually, all analysts agree that at the moment, the PlayStation brand is the strongest it has ever been and this is Sony’s most profitable project.
Well, it is yet to see if Sony or Tretton will reveal more about this curious departure or the company will make no further comments on this decision.