Sony Shuffles Game Management

With the PlayStation 3 finally out the door, Sony is shuffling around executives in its video game unit. Sony Computer Entertainment CEO Ken Kutaragi, the so-called "father of the PlayStation" will also become chairman of the company.

Kazuo Hirai, head of SCE's U.S. operations, will move back to Tokyo and become the company's President while also filling a vacant COO position that was previously handled by Kutaragi. Despite appearances that PS3 delays and a lackluster launch brought about the changes, SCE says Kutaragi will continue to oversee daily operations. Jack Tretton, who helped launch the original PlayStation, will take over from Hirai as CEO of SCE America.