Sony has dismissed a recent report which claimed the company was planning to replace current president Howard Stringer with Kazuo Hirai.
According to PC World, the firm has denied the a Nikkei business report, which stated once the firm's fiscal quarter ended on March 31, the firm would replace Stringer with Hirai, currently the firm's deputy president. Stringer was to remain chairman and CEO.
The report stated that Hirai's appointment was expected to be finalized during next month's board meeting.
Original story via Reuters.