PlayStation executive Lin Tao has officially been appointed as the Chief Financial Officer (CFO) of the wider Sony Group. Not only will Tao be Sony's first female CFO, but this role could also give her an inroad towards eventually becoming the President and CEO of the entire company.
Sony has undergone some major leadership changes in recent months. Hiroki Totoki, the vaunted current president, COO, and CFO of Sony, as well as the chairman of PlayStation parent company Sony Interactive Entertainment, is set to assume the sole position of President and CEO of the Sony Group starting April 1, 2025. Speaking of PlayStation, the Sony gaming division also promoted Hideaki Nishino to the role of President and CEO. Nishino was previously in a dual-CEO arrangement with PlayStation Studio Group boss Hermen Hulst.
Sony has teamed up with UK rental company Raylo to offer leasing options for the PS5, PS5 Pro, and PlayStation accessories. This move comes as Sony continues to face distribution challenges, such as shortages of the PS5 disc drive. The lease program provides an alternative for UK gamers looking to experience current-gen gaming without a large upfront cost.
The upcoming Sony leadership rejigs...
