Sony Replaces Strategy Officer After Sales Forecast Cuts
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Sony Corp. replaced its chief strategy officer a week after cutting forecasts and reporting a surprise loss that triggered a plunge in share price.
Kenichiro Yoshida will replace Tadashi Saito as chief strategy officer, according to a statement on the company’s website. Saito was appointed by President Kazuo Hirai in April 2012 to help lead a turnaround as the company lost $8 billion on its television business during the past nine years. He will lead the medical unit.