Hiroki Totoki, currently Sony Group Corp.'s executive deputy president and chief financial officer, will be promoted to president and chief operating officer on April 1, the company announced Thursday.
Totoki, 58, will replace Kenichiro Yoshida, the current chairman and president, in the technology giant's first change of presidency in five years. Yoshida, 63, will remain as chairman and will also take on the role of chief executive officer.
Totoki, a Yamaguchi Prefecture native and graduate of Waseda University, joined what was then Sony Corp. in 1987. He has worked mainly in the finance division, playing a leading role in the establishment of Sony Bank in 2001 and serving as its managing director.
