“Sony Corp. Chairman and CEO Howard Stringer may only have two more quarters to weather at the helm of the Japanese electronics giant before passing the mantle to his successor,” Claire Atkinson reports for The New York Post.
“Sources familiar with the situation said they expect Stringer — who took the reins in March 2005 — to step down as chief executive at the end of its fiscal year in March,” Atkinson reports. “If he opts to relinquish the CEO title next spring, Stringer will likely stay on as chairman, sources said.”
Atkinson reports, “The 69-year-old Stringer has suffered a string of setbacks in the past year… The company has also struggled with stiff competition from more nimble rivals like Apple and Samsung.”
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