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Sony names new chief financial officer, Masaru Kato to step down


Sony Corp, which is struggling to bring its electronics division into the black, said on Friday it would appoint Kenichiro Yoshida as new chief financial officer on April 1, replacing Masaru Kato. After discussing the matter over the last four months, we decided it would be appropriate to appoint Yoshida at the beginning of the new financial year, said Sony spokeswoman Yo Kikuchi. We had already been considering a succession plan and Yoshida had been appointed deputy CFO last December 1. Yoshida joined the company in 1983 and previously worked for So-net, a Japanese Internet service provider owned by Sony.

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