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April 24, 2003
Tokyo, Japan - At its Board of Directors Meeting held on April 23, 2003, Sony Corporation decided candidates for the positions of Director, Corporate Executive Officer, Executive Officer and Group Executive Officer. These selections have been made in conjunction with Sony's decision to adopt the "Company with Committees" principle as announced on January 28, 2003.
The selections are subject to the approval of the Ordinary General Meeting of Shareholders to be held on June 20, 2003 (for Director candidates) and to the approval of the Board of Directors Meeting to be held on the same day (for Corporate Executive Officer, Executive Officer and Group Executive Officer candidates).
The candidates for Board of Directors are as follows. Seven new director candidates have been selected *.
| Nobuyuki Idei | Group CEO |
| Kunitake Ando | Group COO/Electronics CEO and CQO |
| Teruhisa Tokunaka | Group CSO In charge of Personal Solutions Business Group and Network Application and Content Service Sector (NACS) |
| Minoru Morio | Sony Group East Asia Representative, Group CPO |
| Teruo Masaki | Group General Counsel |
| Howard Stringer | Sony Group Americas Representative, Officer in charge of Entertainment Business Group, Chairman and CEO of Sony Corporation of America |
| Ken Kutaragi | Officer in charge of Game Business Group and Broadband Network Company, President and CEO of Sony Computer Entertainment, Inc. |
| Göran Lindahl | Sony Group Europe Representative |
| Akihisa Ohnishi* | Current Standing Statutory Auditor, Sony Corporation |
| Iwao Nakatani | Director of Research, UFJ Institute Ltd., President, Tama University |
| Akishige Okada | Chairman, Sumitomo Mitsui Financial Group, Inc. Chairman, Sumitomo Mitsui Banking Corporation |
| Hirobumi Kawano* | Former Director-General of the Agency for Natural Resources & Energy * Certain formalities are required by the Public Servants Law and after these are satisfied Mr. Kawano is scheduled to accept his invitation to become a Director. |
| Yotaro Kobayashi* | Chairman of the Board, Fuji Xerox Co., Ltd. |
| Carlos Ghosn* | President and Chief Executive Officer, Nissan Motor Co., Ltd. |
| Sakie T. Fukushima* | Representative Director & Regional Managing Director-Japan Member, Board of Directors, Korn/Ferry International |
| Yoshihiko Miyauchi* | Representative Director, Chairman and Chief Executive Officer, ORIX Corporation |
| Yoshiaki Yamauchi* | Director, Sumitomo Mitsui Financial Group, Inc. |
Candidates for the Chairman and Deputy Chairman of the Board and for Chairmen of the Committees have been decided as follows. The candidates for Committee Chairmen will consider details for the composition of each committee (numbers, members etc.)
| Chairman of the Board | Iwao Nakatani |
| Deputy Chairmen of the Board | Hirobumi Kawano, Teruo Masaki |
| Nominating Committee: | Yotaro Kobayashi |
| Compensation Committee: | Akishige Okada |
| Audit Committee: | Yoshiaki Yamauchi |
The following persons have been chosen as candidates for Representative Corporate Executive Officer and Corporate Executive Officer. They will have responsibility for implementing the Sony Group's management strategy.
| Chairman | Nobuyuki Idei** | Group CEO |
| President | Kunitake Ando** | Group COO/Electronics CEO&CQO |
| Executive Deputy President | Teruhisa Tokunaka** | Group CSO, In charge of Personal Solutions Business Group and Network Application and Content Service Sector (NACS) |
Corporate Executive Officers
Takafumi Abe
Masasuke Ohmori
The current Corporate Executive Officer system has been renamed the Executive Officer system and will continue as a unique Sony management practice.As of June 20, 2003 the number of Executive Officers is scheduled to be 38.
As of June 20
Yoshiyuki Kamon (scheduled to be appointed as Counsellor)
Mitsuru Inaba (scheduled to be appointed as Advisor)
| Hiromu Inoue | Currently President, EMCS-America, Sony Electronics Inc. |
| Masaru Kato | Currently Deputy President/CFO Sony Computer Entertainment, Inc. |
| Yukio Kubota | Currently Representative Director & President, Sony Ericsson Mobile Communications Japan Inc. |
| Haruyasu Nagata | Managing Director, Sony Marketing Asia Pacific Pte Ltd. |
| Andrew Lack | Chairman/CEO Sony Music Entertainment, Inc. |
| Hiroyuki Matsumoto | (scheduled to be appointed as Counsellor) |
| Fujio Sugano | (scheduled to be appointed as Advisor) |
| Hiroshi Shoda | (scheduled to be appointed as Advisor) |