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Sony's Stringer to retire in June


Sir Howard Stringer announced that he will retire from his position as Sony's chairman in June. Stringer told a Japan Society lecture Friday that the move would allow him to pursue "new opportunities I've been presented with lately," according to the Financial Times.

Stringer stepped down from his role as Sony's president and CEO in February 2012, when he was replaced by Kaz Hirai, before he became the company's chairman of the board of directors in June 2012.

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