Masayasu Ito, the representative director and executive vice president of Sony Interactive Entertainments (SIE), is scheduled to retire in October.
Sony stated in a statement that Ito will retire on October 1st, but a representative told Bloomberg that it was Ito's intention to retire because he had already reached the retirement age of 60.
Lin Tao, SIE's director and deputy president, will take over as Ito. Kiichiro Urata, SIE's current senior vice president and head of Japan Asia partner development and relations, on the other hand, will be the new director.
Ito began his career with Sony in 1986 and became part of the company's gaming division, Sony Computer Entertainment in 2000. He was then tasked with designing the PlayStation's hardware, particularly the PS1's LCD monitors, and later on, the PS3's hardware and the PS4's system software.
Sony, an Asian gaming behemoth, has just purchased Savage Game Studios, a mobile gaming company based in Helsinki, Finland, and Berlin, Germany, in a staggering $3.6 billion agreement this January. Bungie is a separate subsidiary of Sony and is not a component of the PlayStation Studios.