Sony to advertise veteran CFO to function overseeing world operations

Sony Group is elevating Chief Financial Officer Hiroki Totoki to a place overseeing all operations, a move that splits the burden of operating a Japanese big spanning every little thing from chips to films to insurance.

Totoki, 58-years-old, will become president and chief operating officer of Sony on April 1, the corporate stated Thursday. Current president Kenichiro Yoshida will retain his positions as chairman and chief executive officer.

Totoki, who will stay CFO, leads the Tokyo-based leisure and electronics group’s earnings calls and already performs a key function in serving to outline Sony’s strategy. The transfer is seen as serving to the corporate higher maintain and develop enterprise initiatives put in place by Yoshida and his CEO predecessor Kaz Hirai.

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