Sony to decide on naming Sir Howard Stringer as new chairman and CEO

Entertainment and electronic giant Sony Corporation would be looking forward to a board meeting, which might decide the next chairman and chief executive of the company. It would be for the first time ever that a Japanese major is going to appoint a foreigner on a top position in the corporation. This news made it to the web edition of the New York Times yesterday.

The meeting is scheduled for early Monday morning in the Japanese capital Tokyo where they would be discussing to approve the appointment of Sir Howard Stringer, a British executive with a 30-year career journalism career in CBS on the top position. He has already led the Sony’s United States division in the recent times. If the decision is made in favor of the appointment, he would be replacing Sony’s current chairman and chief executive Nobuyuki Idei.

Stringer joined the entertainment giant Sony in May 1997 after stints in CBS and a media company formed by Bell Atlantic, NYNEX and Pacific Telesis. He now heads Sony USA, the U.S. subsidiary of the company whose annual sales topped $72 billion during the last financial year. He was knighted in December 1999 and heads the company, which employs about 162,000 people worldwide.

He has got quite impressive career achievements, which includes nine individual Emmys as a CBS writer, director, and producer from 1974 to 1976. He was also the man behind the historical defection of David Letterman from the CBS from NBC.

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