Sony shareholders vote to keep CEO and executives

Erik Johnson
Sony shareholders vote to keep CEO and executives

Sony's executives will retain their positions, following a vote by investors to decide the fate of several key staff members.

The AP reports CEO and president Kazuo Hirai and other executives were heckled by multiple investors in attendance throughout the presentation.

Hirai apologized for not being more proactive with making changes to the company in the face of its ongoing losses.

"The best way to build our future is for Sony to remain Sony, and realize our motto to become a company that inspires and fulfills your curiosity," Hirai said – adding that "the money-losing structure" will be resolved during this fiscal year.

Sony ended its most recent fiscal year with a net loss of ¥128.4bn, though the strong performance of its PlayStation 4 console has helped the firm increase sales and operating revenue.

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Tags: Sony , PS4 , kaz hirai , investors , shareholders , MCV USA

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