Jack Tretton steps down as Sony Computer Entertainment president

Jack Tretton is not renewing his contract with Sony Computer Entertainment America and as of March 31, he will no longer be president and CEO of the company. This is a mutual agreement between Tretton and SCEA, a press release reads.

As of April 1, current EVP and COO of Sony Network Entertainment International, Shawn Layden, will be SCEA president. Layden has been with PlayStation for 15 years and helped launch SNEI in 2010.

Tretton has been with SCEA since it was founded in 1995. He offered the following statement in the release:

"Working at SCEA for the past 19 years has been the most rewarding experience of my career. Although I will deeply miss the talented team at SCEA and the passion demonstrated every day by our fans, I'm very excited about starting the next chapter of my career. I want to thank the employees, partners and customers for their tireless commitment to the PlayStation brand and, of course, to our fans who have pushed us to new heights of innovation and entertainment over the past two decades. I leave PlayStation in a position of considerable strength and the future will only get brighter for PlayStation Nation."

Tretton offers a more personal (in business terms) letter to fans on the PlayStation Blog. It can be summed up with, "Thank you." No, Tretton, thank you for this gif.