Sony to Trim Top Management, Simplify Executive StructureSony Corp. unveiled a slimmed-down top management
team and simplified executive structure in the first glimpse of what steps
incoming Chief Executive Howard Stringer will take to revive the struggling
electronics giant.
Sony said that as of June 22, it will cut the number of corporate executive officers -- the company's top executive layer -- to seven from 13. Sony also is reducing the kinds of top posts available as well as the number of ranks those executives can hold, big steps in title-sensitive corporate Japan. The company had said it was shrinking its board to 12 members from 16. Posted: Thu - June 2, 2005 at 11:18 PM WIR NewsStream by Piranha Daily News The Stream Previous Next |
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Total entries in this blog: 1561
Total entries in this category: 1561 Published On: Sep 13, 2005 07:21 PM |