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Sony Electronics Names New President/COO

7/19/2010 12:01:00 AM Eastern

SAN DIEGO — Sony has
named Phil Molyneux, a 23-
year veteran of Sony’s European
electronics operation, as the
new U.S. president and COO
of Sony Electronics (SEL), effective
Sept. 1.

Molyneux replaces Stan
Glasgow, who will take on the
newly created role of Sony Corporate
America innovation and entrepreneurship
group senior advisor.

Molyneux will relocate to San Diego,
reporting to Kiyoshi Shikano, Sony
Corp. global sales and marketing
officer, and to Tokyo headquarters
senior executives for nonsales
and marketing activities.

He has steered the company’s
Central and South East European
Electronics (SCSE) operations
to market share successes within
a highly diverse population base
since 2007. In the U.S., Molyneux
will be responsible for consumer and professional
devices, networked products
and the services groups.

The executive had overseen similar businesses for SCSE in 20 countries,
and helped the operation emerge as “a
leading innovator of best marketing,
sales and operational practices” within
Sony, on the way to becoming a top 10
revenue contributor to the global electronics
business.

Sir Howard Stringer, Sony Corp.
chairman/CEO, said of Molyneux:
“He knows how to lead, to win, and I
am very pleased that he will bring his
considerable, proven skills to SEL, and
also further our mission to expand our
global management team.”

Molyneux is credited with creating
a new business model for SCEC’s
consumer and professional products to
engage the region’s diverse consumer
population and increase operational efficiency to drive business.
He joined Sony in 1987 as a sales engineer to develop untapped business for
the semiconductor and component unit
in the U.K. Over the next 10 years, in
both sales and marketing positions, he
expanded that business across Europe
and led Sony to the No. 1 market share
position in several related areas.

From 1997 to 2007, while based in
the U.K., his responsibilities had been
expanded to include manufacturing,
systems and related software, core technology
and retail peripheral products.

In his new role, Glasgow will also hold
the title of chairman of Sony Electronics
and will report directly to Stringer.

Glasgow was named president and
CEO of Sony’s Electronics in the U.S.
in March 2006 — the first American
to hold the position in nearly 10 years.

He will be assigned with developing
strategies and business plans for potential
growth areas that can benefit
from Sony’s specialized competencies,
technologies and knowledge, the company
said.

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