Sony's Howard Stringer asked to step down following PSN hack

A shareholder asked Sony CEO Howard Stringer to step down during a recent meeting, in order to give the company a fresh start after the PSN hacks. Stringer did not directly address the comment.

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Sony CEO Sir Howard Stringer was asked to step down at a recent shareholders meeting, reports Reuters. The shareholder said it would allow the company to make a fresh start after the PlayStation Network attacks, but Stringer didn't respond directly. He did, however, claim the hack was retaliation for its suit against the PlayStation 3 hacker George Hotz.

"We believe that we first became the subject of attack because we tried to protect our IP (intellectual property), our content, in this case video games," he said. Stringer also pointed out the wide array of hacks we've seen over the last few weeks. "I think you see that cyber terrorism is now a global force, affecting many more companies than just Sony. If hackers can hack Citibank, the FBI and the CIA, and yesterday the video game company Electronic Arts, then it's a negative situation that governments may have to resolve."

The hacker group Anonymous did state its intentions to target Sony as retaliation for the suit against Hotz, but the group apologized and halted DDoS attacks over a week before the hacks took place. Sony claims that the hackers left evidence implicating Anon.

For the most part Stringer hasn't been personally involved in dealing with the hack. He's issued a formal apology, but insists that the company acted quickly in response to the attack.

Executive Deputy President Kaz Hirai is expected to take Stringer's seat whenever he does retire, but it's uncertain if this hacking incident will speed up the process.

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From The Chatty
  • reply
    June 28, 2011 7:45 AM

    Steve Watts posted a new article, Sony's Howard Stringer asked to step down following PSN hack.

    A shareholder asked Sony CEO Howard Stringer to step down during a recent meeting, in order to give the company a fresh start after the PSN hacks. Stringer did not directly address the comment.

    • reply
      June 28, 2011 7:46 AM

      Steve, you think you got this posted enough? :)

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      June 28, 2011 7:56 AM

      ULTRA-COMBO!!!!

    • reply
      June 28, 2011 7:57 AM

      Omar and bowtie comin

    • reply
      June 28, 2011 7:59 AM

      jeez I get it, I'll read the article.

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      June 28, 2011 8:04 AM

      Saved for posterity: http://chattypics.com/files/HeySteve_1ibq5w0ac1.png

      • reply
        June 28, 2011 8:19 AM

        hahhahahah Thank you for this.

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      June 28, 2011 8:23 AM

      Being serious: That was a real dick move by that share holder. I cannot imagine how Howard had anything to do with the bad design of PSN security or the traditionally Japanese delay in responding by Sony Japan.

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        June 28, 2011 8:55 AM

        of course he didn't code the security himself, but CEO's have to take responsibility. A company fucks up, the CEO is the first to go (typically). Look at BP after the Gulf Oil Spill.

        • reply
          June 28, 2011 9:01 AM

          [deleted]

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            June 28, 2011 9:06 AM

            Well, Steve Ballmer did step down after that whole RROD fiasco. Remember that?

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            June 28, 2011 9:35 AM

            It's more about the public image of the company. The shareholders are afraid that if they do not show an important structural change in management that investors won't trust the company any more.

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              June 28, 2011 9:45 AM

              [deleted]

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                June 28, 2011 9:54 AM

                This is accurate. People here think 'Playstation' = Sony, but the entertainment group is tiny. Sony's electronics, TV, Audio, and movie divisions are all larger and more important to Sony.

                If anyone should step down, it should be the president of SCEI.

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      June 28, 2011 8:28 AM

      A shareholder? does this shareholder only have 1 share? :P

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        June 28, 2011 9:37 AM

        the term "shareholder" refers to a person who owns anywhere from 1 to arbitrarily many shares.

        Just because you own 2 shares, your title does not change to "sharesholder"

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          June 28, 2011 9:44 AM

          Could also be part of 1 share; fractional.

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          June 28, 2011 9:45 AM

          i know, but i'm just saying, the call for him to step down could be a guy with only a share and thus not that newsworthy

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            June 28, 2011 11:10 AM

            Well .. without that guy calling for Stringer to step down nothing there would be no press coverage of the shareholder meeting and those no PR to show that SONY has good intentions for a fresh start.

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