Ken Kutaragi, the father of the PlayStation, has resigned. After two wildly successful generations in the home console market, and a third in its infancy, Ken Kutaragi is deciding to step down as CEO of Sony’s game division. There is a lot of speculation whether or not Ken was forced out, due to the PlayStation 3’s poor performance at retail, but nothing has been confirmed. Ken will remain with Sony as an “honorary board member”.
Personally, I think Ken was pressured to resign before being fired. He’ll probably spend the rest of his days at Sony working on completely useless projects and being used once in a while to recruit developers. The guy is definitely well set financially for the rest of his life, but I’m sure he’s going to have a tough time watching the PlayStation brand live on while he’s basically on the sidelines.
Source: Yahoo! News