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Sony CEO Hirai's strategy questioned by former executive Iba

By Bloomberg ( China Daily ) Updated: 2015-06-05 07:26:40

Kazuo Hirai is being criticized by a former Sony Corp director who said the company's chief executive officer is abandoning its traditional engineering focus.

Sony's electronics business is central to its long-term success, Tamotsu Iba, 79, a former chief financial officer and vice-chairman, wrote in a letter sent to management ealier this month. Iba, who sent two other missives earlier this year, wants Sony executives to address his questions about executive compensation and Hirai's leadership during a June 23 shareholder meeting.

Iba said Hirai's strategy runs counter to Sony's "Founding Prospectus", handwritten by co-founder Masaru Ibuka in 1946. The document describes "a stable workplace where engineers could work to their hearts' content in full consciousness of their joy in technology."

Sony CEO Hirai's strategy questioned by former executive Iba

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