Sir Howard Stringer is set to retire from Sony as the chairman in June, after the company’s annual shareholder meeting. The former CEO (first non-Japanese CEO of Sony in history) was succeeded by Kaz Hirai in April 2012.

“Howard’s achievements as CEO of Sony are innumerable, from breaking down silos and driving ‘Sony United,’ to fundamentally realigning the focus of Sony’s product development,” said Hirai in a statement.

Stringer will reportedly leave to pursue “new opportunities I’ve been presented with lately.”

Source: Financial Times