Sony Pictures Entertainment Sets CEO Shuffle: Tony Vinciquerra to Step Down, Ravi Ahuja Takes Reins in January

variety.com:

Cynthia Littleton Business Editor Sony Pictures Entertainment is set for a transition at the top in January when Tony Vinciquerra steps down from his role as CEO and hands the reins to Ravi Ahuja.

Ahuja will become president and CEO of the Culver City studio as of Jan. 2. Vinciquerra, who has served as Sony Pictures Entertainment’s chairman and CEO since June 2017, will remain in an advisory role as non-executive chairman through the end of 2025.

The succession plan for SPE has been in the works for two years, after Vinciquerra negotiated his most recent employment contract with parent company Sony Corp.

in Japan. Ahuja will report to Sony Group Corp. chairman and CEO Kenichiro Yoshida and Hiroki Totoki, who is president, chief operating officer and chief financial officer for Sony Group Corp. “The extraordinary turnaround at SPE over the last 10 years would not have been possible without Tony’s deep experience and expertise in the entertainment space, his strategic vision and his outstanding leadership,” Yoshida said in announcing the change. “Under Tony’s watch, SPE became a critically important part of our efforts to maximize the value of our IP and find synergies across all our entertainment and technology businesses, and it remains a key driver in Sony Group’s ongoing corporate strategies to lean further into the creative and entertainment spaces.” Ahuja has been with SPE since 2021, signing on as chairman of its global TV studios and business related to Sony Pictures Television.