Print 5 comment(s) - last by purerice.. on Mar 7 at 1:03 PM

He will leave at the end of March

After nearly two decades with the company, Sony Computer Entertainment America (SCEA) president and CEO Jack Tretton is stepping down.

According to Forbes, Tretton will leave at the end of March. Starting April 1, executive VP and COO of Sony Network Entertainment International Shawn Layden will take over Tretton's position. 

The reason for Tretton's sudden departure? SCEA and Tretton reportedly were unable to renew their contractual relationship.

"Working at SCEA for the past 19 years has been the most rewarding experience of my career," said Tretton. "Although I will deeply miss the talented team at SCEA and the passion demonstrated every day by our fans, I’m very excited about starting the next chapter of my career. I want to thank the employees, partners and customers for their tireless commitment to the PlayStation brand and, of course, to our fans who have pushed us to new heights of innovation and entertainment over the past two decades. I leave PlayStation in a position of considerable strength and the future will only get brighter for PlayStation Nation."

Jack Tretton [SOURCE: Wired]

Tretton joined SCEA in 1995 and has been an important part of the PlayStation brand in North America. He's been around since the original PlayStation console, and subsequently saw the release of the PS2, PS3 and the most recent PS4 console. 

The PS4 has seen a successful launch, with the console passing 6 million sales globally just earlier this week. It was released in November 2013. 

Last month, PlayStation SVP Guy Longworth said January PS4 sales nearly doubled the "nearest next gen competitor," which points to the Xbox One. 

It's hard to say which console will win on hardware sales from here. On one hand you have the PS4, which is $100 cheaper and was recently released in Japan, likely offering a big sales boost. On the other, you have the popular "Titanfall" game coming to Xbox One in March, which could prompt those who have been on the fence about buying the console to take the plunge.

Source: Forbes

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That's too bad...
By TheSev on 3/7/2014 9:14:39 AM , Rating: 2
Jack made quite the face for himself at last year's E3, it's strange to see this sort of backwards logic on having trouble renewing a contract.

Then again, at least he can say he left the company at a very high point and any subsequent screw-ups are someone else's problems. Wonder where he'll surface next?

RE: That's too bad...
By Brandon Hill on 3/7/2014 9:51:17 AM , Rating: 2
Jack made quite the face for himself at last year's E3

typical MEEEEEism
By purerice on 3/7/2014 1:03:24 PM , Rating: 2
While he complimented his co-workers and tipped his hat to his fans, the focus of his speech was himself and his career.

The American business standard, inherited from the best of German work ethic and English law, is falling prey to egocentric personalities. In Asia, no departing executive would consider such a farewell speech because it would never been on their minds to focus on themselves.

This meeeeeism is so typical in modern America. If this persists, the US will collapse before Sony will.

By CaedenV on 3/7/2014 10:35:51 AM , Rating: 1
Even if the PS4 is having good sales, the ship is still burning, and the company cannot afford a whole lot right now.

Thankfully, it looks like Sony is beginning to turn things around, but not enough where superstar CEOs can go asking to have major raises yet.

"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay
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